IRIS acquires Tax Assistant developer

Product and software developer IRIS has acquired Drummohr Technology, the
makers of ‘Tax Assistant’, for an undisclosed sum.

So far, IRIS has announced that there are no plans to merge the two
companies’ range of products, but will include a strategy of sustained
investment and introduction of new products where appropriate.

Martin Leuw, CEO of IRIS, said: ‘By adding the Tax Assistant software to the
IRIS range, we are able to offer an unparalleled wealth of knowledge and
experience of this specialist sector.’

In a statement Drummohr Technology said: ‘IRIS’ goal (is) to revolutionise
the accountancy profession with a range of quality solutions to suit every size
and type of practice’.

Further reading:

forecasts revenues in excess of £45m for 2007/2008

Related reading