April 29, 2009 |
Microsoft Corp. plans to offer a 50% discount to customers who switch to its accounting and finance software from rival Oracle Corp. and Sage Group programs. The customers also will be eligible for a 25% rebate, up to $25,000, the company said. The offer is available to customers switching from Oracle's JD Edwards EnterpriseOne or Sage's MAS 90 or MAS 200. Microsoft, the world's largest software maker, aims to win over more small-business application customers -- a market the company has been trying to crack since 2001.
January 28, 1998 |
Accounting software maker State of the Art Inc. said it is being bought for $263 million in cash by British rival Sage Group--the European leader in accounting software for small to mid-sized businesses. Sage will pay $22 a share for the Irvine-based firm--33% more than State of the Art's Monday closing price of $16.50. Under the terms of the deal, which has been in the works since December, State of the Art will become a wholly owned division of Sage.
November 25, 1999
* Mike Sage has stepped down as executive vice president and general manager of Sage Auto Group, the Los Angeles-based group of Nissan and Infiniti dealerships. He said he will become president and chief executive of Torrance-based Manhattan Projects, a newly formed software development company focused on customer relationship management issues for the auto industry. * Robert Washburn Jr. has been promoted to executive vice president, group publishing director of Weider Publications Inc.
March 4, 1998 |
Sage Group PLC said Tuesday it completed its tender offer for stock of accounting software maker State of the Art Inc. in Irvine. State of the Art will become a unit of Sage Group, which now owns 98.6% of the Irvine company's outstanding shares. The British firm, a leading provider of accounting software for small- to mid-size businesses in Europe, paid $22 a share for State of the Art's stock. The stock, which trades on the Nasdaq market, will be removed by the end of March, the company said.
July 1, 1999
David R. Butler, chief operating officer of Sage Software Inc., the Irvine subsidiary of Sage Group plc, will take on the additional position of president. Butler joined the company in April 1996 from Lawson Software, a provider of business management software. David W. Hanna will continue as chief executive of Sage Software.
June 2, 2001
Epicor Software Corp. in Irvine said it completed the sale of its Platinum for Windows line of business management software to Sage Software Inc. At the time the $7 million deal was announced May 21, Epicor said it was lowering its revenue estimates by about $2 million per quarter this year as a result of the sale. Sage Software, also based in Irvine, is a unit of Britain's Sage Group.