E-commerce solution developer, TouchPoint Information Solutions has been acquired by global enterprise solutions player Geac Computer Corporation for an undisclosed sum.
The deal gives Geac a jumpstart in the Australian e-commerce market with TouchPoint having built an impressive customer for its Microsoft-based FlexEcomm solution which claims to integrate with legacy enterprise systems.
"As a small company we were looking for the leverage of a large organisation to move our product forward," Dominic O'Hanlon, managing director for TouchPoint said.
"Geac will enable us to take FlexEcomm to where it needs to go."
Meanwhile, Graeme Riley, managing director or Geac in Asia Pacific said the "TouchPoint team is a progressive, technologically savvy group who have developed a world class e-commerce offering in FlexEcomm".
"We look forward to the further development of the product and the e-commerce team, and to building an e-business enterprise solution to rival all others in the market," Riley said.