Q: Does this acquisition make sense for Sage?
A: Undoubtedly yes. It is getting into the hottest arena out there at the moment. Interact is a well-established and profitable brand and it is good to see a UK business buying a US company.
Q: Was the valuation of the company a little steep?
A: Sage has taken a slight punt on the price it has paid, but obviously hopes market prices have reached the bottom.
Q: Was the deal done purely to maintain share price?
A: In the UK Sage has managed to keep its own valuation very strong as others have dipped. It has bought a number of companies in the last 12 months and has kept its profile up. With this deal, Sage has bought a like-minded solution and there are definite synergies between the companies.
Q: Should we expect more companies to move into CRM?
A: CRM is this year’s hot area and we are likely to see a number of big and medium-sized players making moves into this arena.
Do you have any technology questions you want answered by senior industry figures? Email: email@example.com.
If businesses do not take cyber security seriously in their business planning regulators may do it for them, the ICAEW has warned
The Financial Reporting Council has issued guidance regarding the annual reporting of 1,200 large and smaller listed companies. The letter highlighted the key issues and improvements that can be made in the 2016 reporting season
Deloitte's north-west Europe foray; BDO, Smith & Williamson investment paths; Shelley Stock Hutter; and Wilkins Kennedy discussed by editor Kevin Reed on our Friday Afternoon Live broadcast
Company bosses are considering relocating operations or headquarters away from the UK following the country's decision to leave the European Union