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OPEN SYSTEMS BUYS PROCESS PRO

 Joe Blauert, Process ProOpen Systems has acquired Process Pro, a step which shows the Minneapolis, Minn.-based company is capable of surprises. I don’t remember Open Systems ever buying another ERP software vendor, much less two in a month. It announced the purchase of SouthWare Innovations on December 29. The two deals have something in common: both of the acquired companies have been around quite a while.

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SOVOS GETS INVESTMENT

Andy Hovancik, SovosSovos, which markets indirect tax products, says it has received an investment from European-based private equity firm, HG Capital. The investing firm described its action as buying a majority stake in Sovos, taking over that role from Vista Equity Partners, which will retain what was described as "a significant minority stake in Sovos." The actual size of the investment was not disclosed.

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RANDOM THOUGHTS: JAR JAR BINKS

Jar Jar BinksI told a friend I was going to take some pictures of raptors. He said, "Oh, I love the old guys like Tupac." ... The Republican presidential debates have been interesting in that depending on polling numbers, a candidate can be dis-invited to the next event. I was thinking that it would be more fun to use the system of the game show "Russian Roulette", in which the contestants stand in a circle on a game platform.

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