Monday, September 12, 2011

Crosscheck to acquire Forum Systems - Boston Business Journal:

ramoledef.blogspot.com
The Waltham, Mass., Web-services company will blen Newton, Mass.-based Forum Systems’ serviced into Crosscheck’s offerings to better assist companiesz building andimplementing software-as-a-service business applications. Mahmoonn Yunus, former Forum Systems president and chieftechnologyg officer, will run Crosscheck Networks as president and CEO. Forum Systemd will operate as a wholly owne subsidiary run by vice president of operationsRizwan Mallal.
Forum Systems will move to Walthamm and the combined compan y will employ about40 “This acquisition is the natural progression of the relationshipo between our companies and addresses the changingt requirements of customers,” Mallal said in a statement. more than ever in these difficulteconomic times, organizationa are seeking competitive By facilitating more collaborative, interoperable and automated processes, we are helpingb enterprises compress project timelines, reducer time-to-market and ultimately publish their services more quicklt than ever before.

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