AP
CDC Software finishes purchase of Truition
Friday November 20, 11:52 am ET
CDC Software expects Truition purchase to close within 2 weeks

SAN FRANCISCO (AP) -- CDC Software Corp. said Friday that it finalized its agreement to buy on-demand e-commerce software company Truition Inc.

The company expects to close the acquisition in the next two weeks.

The purchase is the first of two previously announced plans to acquire software-as-a-service companies, CDC said.

The purchase price was not disclosed.

In midday trading, CDC shares fell 7 cents to $10.01.



Mail to Friend Email Story
Alerts Set News Alert
Printer
Version  Print Story