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Sqribe Technologies

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BUSINESS
February 24, 1999
Brio Technology Inc., which makes software for executives with limited computer experience, agreed to buy closely held Sqribe Technologies for about $311 million in stock to add payroll software to its product line. Brio would issue about 13.1 million shares to Sqribe shareholders, who would own 45% of the combined company. The transaction, which would be accounted for as a pooling of interests, is expected to be completed by June, pending shareholder approval.
ARTICLES BY DATE
BUSINESS
February 24, 1999
Brio Technology Inc., which makes software for executives with limited computer experience, agreed to buy closely held Sqribe Technologies for about $311 million in stock to add payroll software to its product line. Brio would issue about 13.1 million shares to Sqribe shareholders, who would own 45% of the combined company. The transaction, which would be accounted for as a pooling of interests, is expected to be completed by June, pending shareholder approval.
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