On Friday, Sage announced an offer to buy Softline, a South African and Australian software group for £66m.
Softline is a developer and supplier of accounting and taxation software for small and medium-sized businesses.
The Sage offer values the company at R2 (17p) a share.
Last month, the Newcastle-based accountancy software group ventured into the US market, buying Timberline in a deal worth £63.9m.
Barclays has partnered with accounting software company Xero to provide businesses with access to transaction data through its direct feed.
Government's estimate of a £400m admin saving from Making Tax Digital is way off - and is instead a huge cost burden, warns Lamont Pridmore chief executive Graham Lamont
Xero unveiled its expanded global partner programme at Xerocon South, the accounting technology conference in Australasia
Accountancy software firm Sage has been hit by a data breach which may have compromised the personal details and bank account details of as many as 300 UK businesses