Systems Union buys Lasata for £10m

Systems Union has continued its acquisition policy with the £10m purchase of analytical software company Lasata.

Kevin Reed

'Bringing Lasata into the business intelligence division means that we can accelerate the growth of the combined MIS and Lasata products to the existing customer base, and to users of other business applications,' said Systems Union CEO Paul Coleman. Lasata's joint owners and co-founders, Tony Farrell and Steve Wall, have joined the division's executive management team.

And in other IT news, UK businesses are being told to 'beware of IT vendors' that offer the promise of compliance solutions, according to Eclipse Computing MD Shabbir Osman. 'When it comes to interpreting (compliance) guidelines it is compliance expertise that is required first and foremost, not IT expertise,' Osman told Accountancy Age.

Advertisement

'Once the right procedures and checks have been designed, then IT systems can play a role in monitoring and reporting on business transactions, but only then. Existing systems should be more than capable of meeting that need.'

  • Have your say
  • Send to a friend
  • Print
  • Digg
  • Reddit
  • Share

Tags:

Do you agree?

Further reading

First deal for new SunSystems product

Foundation Systems has secured the first sale of SunSystems exfm - the financial management and business intelligence product aimed at the mid-market - to Regent Exhibitions.

Related whitepapers

Related jobs

Most watched

Summit: Views From the Valley

V3.co.uk's US office weighs in on the information overload crisis

John Chambers speaks on collaboration

Cisco boss talks up new offerings

Analysis and Reports

Remote access - Three steps to getting connected

3.4 million UK professionals now work from home – is your company equipped?

Cost benefits of a global collaboration network

This white paper is a must read for organisations looking for evidence of the bottom-line benefits of high-definition video and voice communications

Poll

Impact of Information Overload poll

Impact of Information Overload poll

What is the biggest problem your firm faces as a result of the data explosion?

View poll results

Advertisement

White paper library

Keep up to date with the latest products, services and technologies from the world's leading IT companies; IThound.com brings you over 6,000 white papers, case studies and analyst reports.

Advertisement

Newsletter signup

Sign up for our range of FREE newsletters:

Existing User

Newsletter user login:

Enter email address to edit your newsletter preferences

Job of the week

Search thousands of IT jobs :

Search thousands of IT jobs:

Advanced search

Hiring now on ComputingCareers:

Related IT jobs

Search thousands of IT jobs :

Search thousands of IT jobs:

Advanced search

Advertisement

Spotlight

Summit video: Intel discusses processors designed for data overload (part one of two)

Intel explains how its Xeon processors can handle data-intensive apps

fujitsu logo

Unite calls off Fujitsu strike

Talks between the two sides will extend into the new...

Richard Thomas

Summit: Q&A Richard Thomas, former Information Commissioner

Thomas speaks out on government databases and data privacy

Symantec office

Summit: Symantec makes the case for smarter storage

Company talks up unified approach

Primary Navigation