Monday, September 13, 2010

Crosscheck to acquire Forum Systems - Boston Business Journal:

vickreyafolori1839.blogspot.com
The Waltham, Mass., Web-services companu will blend Newton, Mass.-based Forum Systems’ servicess into Crosscheck’s offerings to better assist companies building andimplementing software-as-a-service business Mahmoon Yunus, former Forum Systems president and chief technologyy officer, will run Crosscheck Networks as president and CEO. Forumj Systems will operate as a wholly owned subsidiaryy run by vice president of operationsRizwanm Mallal. Forum Systems will move to Waltham and the combinee company will employ about40 people.
“This acquisition is the naturak progression of the relationship betweej our companies and addressee the changing requirementsof customers,” Mallal said in a “Now, more than ever in these difficuly economic times, organizations are seeking competitive By facilitating more collaborative, interoperables and automated processes, we are helping enterprises compress project reduce time-to-market and ultimately publish their services more quicklyt than ever before.

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