Unicomp Inc, Atlanta, Georgia reports that it has entered substantive negotiations to acquire Software Ireland Ltd, Belfast for just under $5m. It doesn’t actually name Software Ireland, but says the acquisition will give its Arccom Management Systems subsidiary three strategic advantages – more control over its mainstay product line; advance information on new products currently in development; and a voice in decisions for follow-on products – and Arccom, in Marietta, Georgia is the exclusiveNorth American distributor for Software Ireland’s Unibol migration, conversion and recompilation system, which converts IBM Corp RPG II applications for Unix systems.The resulting combination is expected to produce total sales for UniComp of some $15m with projected profits of $2m for the fiscal year ending February 1994. Completion is scheduled for mid-January 1993.
