Systems Center Inc, Reston, Virginia is also making cuts – but the 92 people to go are losing their jobs to eliminate overlaps following its acquisitions of Net/Master originator Software Developments International Pty of Sydney, Net/Master operations from Cincom Systems Inc, and Unitech Software Inc. Writedowns on the Net/Master acquisition will likely cut fourth quarter net profit to between $1.2m and $1.8m.
