Group 1 Software and Sagent Technology, Inc. announced completion of the acquisition of the Sagent assets by Group 1.
“We are very pleased to complete the Sagent transaction, which enables us to offer the market's widest array of data quality, integration and enrichment technologies,” said Bob Bowen, CEO of Group 1 Software. “Sagent gives us leading data integration and business geographics software, talented personnel and a wealth of new customers worldwide. Additionally, Sagent's strong global presence provides strategic sales and distribution opportunities for Group 1's core technology in growing markets such as Japan, South Korea, China and other areas of Southeast Asia while increasing Group 1's market strength in Europe. Domestically, our sizable sales organization is well positioned to increase the market opportunities for Sagent's data integration and business geographics technologies.”
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