Information services provider Thomson Reuters is acquiring the
tax and accounting software business owned by professional services
firm Delloite.
The business known as Abacus Enterprise, based in London, helps
companies plan and carry out their compliance. It has over 400
multinational customers across and about 40 employees which will
transfer with the business.
"The Abacus products will combine well with our global product
suites, and build on our strong and growing position in the U.K.
market," said Roy Martin, Jr., CEO tax and accounting at Thomson
Reuters.
Thomson Reuters also bought
software supplier Digita in 2008.
Digita provides integrated tax compliance, and accounting
software and services to accounting, tax, and corporate finance
professionals.
