Group 1 Software Inc, Lanham, Maryland has finally acquired Watford, Hertfordshire-based Archetype Systems Ltd following a letter of intent to buy the company signed way back in May (CI No 2,418). Terms were not disclosed. As a result of the purchase Group 1 has established Group 1 Software Europe Ltd in London and named Archetype Systems’ managing director, Chris Rowlands, managing director. All other Archetype employees have joined Group 1. Group 1 said it will fulfill all maintenance agreements with Archetype customers. Group 1 has been selling Archetype products in North America under a distribution agreement since the pact last May and the European office will now target the UK and Continental market. Archetype develops forms creation software and specialises in products and services to support electronic individualised document preparation for sale worldwide.
