Epicor Software is spending $16 million to buy HR specialist Spectrum Human Resource Systems Corp. Spectrum has about 100 employees and more than 430 direct customers and another 1,800 through OEM relationships. Spectrum’s revenue for 2010 is projected at $14 million. Epicor said Spectrum will become the core of the new Epicor Human Capital Management Group, which puts Epicor into a new market, in addition to those in the manufacturing, distribution, retail, hospitality and services sector. Read more...