Tuesday, October 12, 2010

Crosscheck to acquire Forum Systems - Boston Business Journal:

http://ridinghighuk.com/index.php?option=com_content&task=view&id=399&Itemid=111
The Waltham, Mass., Web-services company will blenc Newton, Mass.-based Forum Systems’ servicesz into Crosscheck’s offerings to better assist companiea building andimplementing software-as-a-servicee business applications. Mahmoon former Forum Systems president and chieftechnologyy officer, will run Crosscheck Networksw as president and CEO. Forum Systemw will operate as a wholly owned subsidiarh run by vice president of operation sRizwan Mallal. Forum Systemds will move to Waltham and the combined company will employ abour40 people.
“This acquisitiomn is the natural progression of the relationshi between our companies and addressez the changing requirementsof customers,” Mallaol said in a statement. more than ever in these difficulteconomic times, organizationw are seeking competitive advantage. By facilitatinhg more collaborative, interoperable and automatexd processes, we are helping enterprises compreszproject timelines, reduce time-to-market and ultimateluy publish their services more quickly than ever before.

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