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ROGUE WAVE BUYS OUTSTANDING STOCK OF PVI PRECISION SOFTWARE

C++ development tools expert Rogue Wave Software Inc has acquired 100% of the outstanding stock of its German and European distributor, PVI Precision Software GmbH, for cash totaling $2m. Precision owns subsidiaries in the UK, France and the Netherlands, which will continue to operate under the Rogue Wave name, and will continue to sell other software, such as SAP AG’s AutoTester, for the time being.

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