69.1 F
Fort Worth
Thursday, September 24, 2020
- Advertisements -
Technology ECi Software makes overseas acquisition

ECi Software makes overseas acquisition

Other News

Wall Street posts solid gains after surge in corporate deals

By ALEX VEIGA and DAMIAN J. TROISE AP Business Writers Wall Street kicked off the week with a broad...

Tarrant County ranks low in work-from-home study by NAR

North Texas ranks pretty high in the “Work from Home” category, according to a just-released study by the National Association of Realtors....

Commentary: Universities and COVID-19: Charting turbulent times

Ray Perryman As the COVID-19 pandemic emerged this spring, college campuses across the United States swiftly sent students...

Linear Labs introduces electric motor that will fit inside a pocket

Leading the new wave of electrification, a Fort Worth-based technology company has built an electric motor that can fit inside one's pocket,...

Fort Worth’s ECi Software Solutions has strengthened market relationship on the other side of the Atlantic Ocean with an acquisition in the United Kingdom.

The cloud-based business management solution provider bought Spruce Computer Systems Limited, ECi Software announced July 16.

Spruce develops software solutions for lumber, hardware and building materials industries in the U.K. and globally.

Through a partnership, Spruce has been selling ECi’s software in the U.K. for the last 20. The acquisition now provides ECi a physical and official presence in the country.

“We have worked collaboratively with the Spruce Computer Systems Ltd team for quite some time,” ECi CEO Ron Books said. “And know that they will be invaluable assets to our team as we look to help lumber and building materials dealers using Spruce grow profitably and sustainably.”

Spruce will become a part of ECi’s LBM and Hardlines division, which facilitates independent hardware stores and lumberyard owners enter the marketplace.

“We have long respected ECi for its commitment to both understandings and supporting the issues that building, timber and plumbing merchants face running their businesses,” said Chris Fisher, director, Spruce Computer Systems Ltd. “As a testament to that, the very first customer we brought on over two decades ago is still with us. That kind of established trust and relationship is so rare today and makes us extremely proud to officially join the ECi family.”

The terms of the transaction were not disclosed.

Spruce is the second international acquisition for ECi this month.

Earlier this month, ECi announced it had bought Pacsoft, an inventory management and point of sale software provider based in Australia.

- Advertisements -
- Advertisements -

Latest News

Breach at software provider to local governments, schools

By FRANK BAJAK and JAKE BLEIBERG Associated PressDALLAS (AP) — A major provider of software services for governments and schools across the...

Apple debuts discount watch, but no new iPhones … yet

By MICHAEL LIEDTKE AP Technology Writer SAN RAMON, Calif. (AP) — Apple introduced a cheaper version of its smartwatch,...

Q&A: What does a deal between TikTok and Oracle mean?

By ZEN SOO AP Technology Writer HONG KONG (AP) — ByteDance, the Chinese company that owns the popular video-sharing...

More recognition for Fort Worth’s Linear Labs

Smart electric motor company Linear Labs won Frost & Sullivan's esteemed 2020 New Product Innovation Award after extensive analysis of Linear Labs'...