Activant To Expand Presence In Electrical Market With Prophet 21 Purchase

In another example of the continuing consolidation of the distribution software industry, Prophet 21 has been acquired by Activant Solutions Inc., an Austin, Texas-based business-to-business software firm, for $215 million.

Prophet 21, which acquired Trade Service Systems Inc., the largest provider of business software for distributors in August 2004, has interests in several different segments of the distribution industry. Although the electrical market is one of its larger business

All access premium subscription

Only Electrical Marketing newsletter subscribers have access to premium content.


Being a subscriber to the Electrical Marketing newsletter allows you exclusive access to high value content including key economic indicators measuring the health of the market and access to the Electrical Price Index and other important industry insights.

Sign up for the Electrical Marketing newsletter to get access.

TAGS: archive
Hide comments

Comments

  • Allowed HTML tags: <em> <strong> <blockquote> <br> <p>

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.
Publish