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

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