Computershare buys Datacare Software Group
05 July 2007 | 2181 views | 0
Computershare Limited (ASX:CPU) has today completed the acquisition of the Datacare Software Group (Datacare); the world's leading supplier of entity management and subsidiary governance solutions.
Founded in Ireland in 1983, Datacare has 63 employees in 5 countries, delivering corporate entity management software solutions to over 500 clients worldwide. The purchase continues Computershare's commitment to continually seek value-add products and services for its client base and complements our existing World Records business; which is the largest entity management software provider in the USA. The acquisition of Datacare will help us drive consolidation in the US market and position Computershare as the global leader in the industry.
With increased focus on corporate governance affecting companies all over the world, Computershare aims to offer all of its 14,000 clients around the globe access to the very best in data management solutions; and our acquisition of Datacare makes this possible.
Stuart Crosby, Computershare's CEO said: "We're really excited to be taking Datacare's product global. Every single one of Computershare's clients around the globe stands to benefit from access to the very best in corporate entity management solutions in the very near future."
Computershare is practiced at the integration of acquisitions, having successfully undertaken 66 globally in the past 12 years. Existing clients of both Datacare and World Records can expect service to continue as usual.