K3 Aquires Three Companies in December

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UK-based ERP and supply chain software provider K3 has acquired Retail Systems Group Ltd (RSG), a provider of Microsoft Dynamics RMS to retailers in the UK and Ireland for £1.28 million payable in cash on completion, with an additional payment of approximately £1.5 million in respect of surplus cash in the business at completion.

With the acquisition K3 has access to market for smaller retailers, complementing its existing mid-range retail software offering. RSG's managed service division will also further expand K3's own growing managed services division, according to the company. RSG has approximately 200 customers, including Aston Martin, Highgrove House, Triumph and the National Portrait Gallery.

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About Linda Rosencrance

Linda Rosencrance is a freelance writer/editor in the Boston area. Rosencrance has over 25 years experience as an reporter/investigative reporter, writing for many newspapers in the metropolitan Boston area. Rosencrance has been writing about information technology for the past 16 years.

She has covered a variety of IT subjects, including Microsoft Dynamics, mobile security issues such as data loss prevention, network management, secure mobile app development, privacy, cloud computing, BI, big data, analytics, HR, CRM, ERP, and enterprise IT.

Rosencrance is the author of six true crime books for Kensington Publishing Corp.

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