Topaz software bought by Safe Computing

Financial software providers Topaz has been acquired by Safe Computing the
provider of payroll and billing application technology.

Combined they will have over two hundred customers in the finance and HR
sectors with an annual turnover in excess of £10m.

The two companies have been businesses partners for years, and as a result
have overlapping customers. The company is hoping that it will be able to
deliver a complete software solution to businesses in the future.

Sandy Scott, managing director of Safe Computing said: ‘We believe in the
longer term many more organisations will be looking for an integrated “business
out a box” service and we intend to be a leading provider of these solutions in
our selected markets.’

Geoff Griffiths the Managing Director at Topaz will be joining the Safe
Computing Board.

Safe Computing recently announced its Software as a Service HR and Payroll
offering and plans on extending this to include the Topaz products.

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