Acclivity Purchases MYOB US, Inc.

Posted on December 6, 2008, by ed

December 6, 2008 - Rockaway, NJ - Acclivity has announced it has acquired MYOB US Inc. and its Mac (and PC) development team from MYOB Limited of Australia. Acclivity will now drive global development of MYOB's Mac OS business management products - FirstEdge, AccountEdge and AccountEdge Network Edition.

Acclivity will continue to enhance and deliver these products to its US customers. Acclivity will also develop the Mac OS products for MYOB who will be its exclusive republisher in Australia, New Zealand and Asia.

Additionally, Acclivity's new development team will continue to develop the Windows product line for their US customer base.

"This deal delivers benefits to our customers on several fronts," said Scott Davisson, Acclivity Managing Partner. "First and foremost, it allows us to author the product roadmap for our US customers on Mac and Windows. We think they'll be thrilled with the product direction in the coming years."

"We'll also be able to assert our Mac focus by building great solutions for small businesses that use Macs; an often underserved group," Davisson said.

"This deal also allows us the flexibility to enter markets outside of the US," added Tom Nash, Acclivity Managing Partner. "We're now free to explore how we will bring AccountEdge back to Canada. By popular demand, I might add."

Current MYOB US customers, as well as Australian and New Zealand Mac customers, will continue to use the same products and have access to the same support resources to which they've grown accustomed. "There will be no customer disruption," Nash said.

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