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SABRIX, ABACUS PRODUCTS MERGING AT THOMSON

It's unclear to what extent plans by Thomson Reuters its OneSource Global Tax Workstation impact the business of midmarket resellers, but to the extent that Sabrix affected this market, there should be some interest. Thomson has taken Sabrix and Abacus, acquired last year, and is putting together their offerings in the workstation as part of an international expansion of its Tax & Accounting business, which has been largely a U.S. operation.
Few details have been made public, except the expected arrival of the workstation this year was stated in the company's 2009 annual report and 2009 earnings conference call. Abacus provides corporate income tax products to customers in New Zealand, the United Kingdom, the Netherlands, Ireland and Hong Kong, and VAT software for 19 countries in Europe and the Asia-Pacific region. Sabrix provides transaction tax software and services.
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