View all newsletters
Receive our newsletter - data, insights and analysis delivered to you
  1. Technology
February 18, 1987

CULLINET TO PAY $19m FOR DISTRIBUTION MANAGEMENT

By CBR Staff Writer

Cullinet Software Inc of Westwood, Massachusetts is back on the acquisition trail with agreement to buy Distribution Management Systems Inc of Lexington, Massachusetts. The company, which will become a wholly-owned Cullinet subsidiary, develops distribution management software, and is a pioneer of integrating artificial intelligence techniques into business applications. Cullinet will pay 1,695,430 shares, valuing the target firm at $19.3m.

Websites in our network
NEWSLETTER Sign up Tick the boxes of the newsletters you would like to receive. Tech Monitor's research, insight and analysis examines the frontiers of digital transformation to help tech leaders navigate the future. Our Changelog newsletter delivers our best work to your inbox every week.
I consent to New Statesman Media Group collecting my details provided via this form in accordance with the Privacy Policy
SUBSCRIBED
THANK YOU