Event management specialist Boole & Babbage agreed last week to acquire Maxmsystems a privately-held, $20 million supplier of event management software for distributed systems.
Under the agreeement Boole will issue up to 1.19m shares for MAXM, putting a current value of nearly $25m on it. A majority of Maxm?s shareholders have agreed to vote for the acquisition which will be accounted for as a pooling of interests.
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