View all newsletters
Receive our newsletter - data, insights and analysis delivered to you
  1. Technology
October 28, 1999

Solution 6 Makes 10th Acquisition of the Year

By CBR Staff Writer

Australia’s second-largest software developer, Solution 6, has made another strategic acquisition, buying business transaction software developer Dataline Systems for A$4.5m ($2.9m). Solution 6 focuses on systems for the international accounting profession and recently entered the new market for providing software application services over the internet. The purchase of Dataline Solutions gives Solution 6 the inhouse capability to develop systems allowing accountants to offer online financial services to their clients. Solution 6 managing director Chris Tyler said the Dataline acquisition stemmed from a Solution 6 strategy to help accountants maintain their role as advisers to business by providing value-added services.

Last week Solution 6 officially entered the ASP market when it launched a service providing small to medium enterprises with inexpensive access to enterprise-class software. Programs such as SAP R3 and Lotus Notes are available on a rental plan and accessed via an internet browser.

Dataline is still in the process of re-engineering its products for the internet, but once this is completed early next year an ASP version of its LINKS software will be included on Solution 6’s accountancy portal. LINKS software spans check and EFT payments, remittance advice, purchase orders, invoices and statement printing, automatic faxing, receipting, electronic bank statements and full cash book reconciliation and cash receiving.

The Dataline deal brings Solution 6’s acquisition tally to 10 this year, with purchases including Canadian company PC DOCS for A$46m ($30m), Australian knowledge management company CVSI for A$15m ($9.8m) and application development tools vendor Emphasys for A$4m ($2.6m).

Content from our partners
Rethinking cloud: challenging assumptions, learning lessons
DTX Manchester welcomes leading tech talent from across the region and beyond
The hidden complexities of deploying AI in your business

Websites in our network
Select and enter your corporate email address 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.
  • CIO
  • CTO
  • CISO
  • CSO
  • CFO
  • CDO
  • CEO
  • Architect Founder
  • MD
  • Director
  • Manager
  • Other
Visit our privacy policy for more information about our services, how Progressive Media Investments may use, process and share your personal data, including information on your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.