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UXC CEO TO RETIRE NEXT YEAR Featured

Cris Nicolli, UXC Cris Nicolli has told the board of directors of UXC that he intends to retire next year after five years as CEO of the Australia-based company. Nicolli, who has been with the company for 12 years, made the announcement while his company is considering a buyout bid from IT services company CSC early in October. The press release announcing Nicolli's decision says he will continue to work with the company to evaluate the CSC offer.

If the CSC deal is not made, Nicolli will remain until a replacement is chosen. During Nicolli's tenure, the company's UXC Eclipse subsidiary purchased New York-based Cole Systems and followed that with the acquisition of Tectura North America in December 2013. Last month, UXC Eclipse acquired the ERP assets of California-based Winedirect, whose products will be combined with the UXC Eclipse VinPoint. VinPoint is a Dynamics NAV-based application sold in the Asia-Pacific.

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