AnswerThink Consulting Group, a Miami, Florida-based company, has acquired Legacy Technologies Inc of Burlington, Massachusetts. Legacy is a 60 person custom data warehousing and decision support company that was founded in 1989. It has concentrated on Fortune 1000 customers in the consumer packaged goods, retail, financial services, telecommunications and pharmaceuticals sectors, and installed around 300 high-end decision support and online analytical processing systems. AnswerThink, which describes itself as a knowledge-based consulting arm, will use the business to add a decision support arm to its Oracle applications business. The company only filed for its IPO at the end of March, selling 3.85 million shares in an initial public offering at a price of $13 per share, from which it raised $33.6m. It shares closed at $19.75 yesterday.
