Stocks & Investing
Tue, February 21, 2012Mon, February 20, 2012Fri, February 17, 2012Thu, February 16, 2012Wed, February 15, 2012Tue, February 14, 2012Constellation Acquires Capital Computer Associates
Published in Stocks and Investing on Thursday, February 16th 2012 at 15:12 GMT by Market Wire
February 16, 2012 18:02 ET
Constellation Acquires Capital Computer Associates
TORONTO, ONTARIO--(Marketwire - Feb. 16, 2012) - Constellation Software Inc. ("Constellation") (TSX:CSU) today announced that its wholly-owned division Harris Computer Systems ("Harris"), a leading provider of financial, customer and public safety management software solutions for utilities, local governments and public safety agencies, purchased Capital Computer Associates, Inc. ("CapCom") of Albany, NY.
CapCom offers a complete portfolio of administrative products and services for New York State school districts and their associated Boards of Cooperative Education Services ("BOCES") including human resources, payroll, fund accounting, and purchasing. As a result of the transaction, CapCom will be consolidated within Harris School Solutions, the Harris operating division focused on administrative solutions for K-12 school districts throughout North America.
Jerry Canada, President of Harris Public Sector and School Group commented, "We are excited about the acquisition of CapCom as it allows us to continue our growth plan through increasing market share in a key state such as New York. Together with the management team, we will integrate the product portfolio with our own solutions and continue to grow our presence in the state." Harris will continue to develop, service, and support the CapCom product line from the current Albany, New York office.
About Constellation:
Constellation acquires, manages and builds vertical market software businesses that provide mission critical software solutions. Constellation's common shares are listed on the Toronto Stock Exchange under the symbol "CSU". Further information about Constellation may be obtained from the Company's web site at [ http://www.csisoftware.com ].
About Harris:
Harris is a wholly owned division of Constellation and is a leading provider of financial management and Customer Information Systems (CIS) software solutions. Since 1976, Harris has focused on providing feature-rich and robust turnkey solutions to all levels of local government, public power and water entities as well as school districts throughout North America. Harris' focus is on creating long-term relationships with our customers and ensuring that we meet the changing needs of our customers over time. For further information on Harris Computer Systems, please visit our website at [ http://www.harriscomputer.com ], or call 888-847-7747.
