Day: June 19, 2007

According to corporate website, Burns e-Commerce has acquired Investmaster Group Ltd from Canadian investment management company AGF Management Ltd for an undisclosed sum.  According to Peter Little, CEO of Burns: “The synergy between the two companies is technology based. Both organisations support and assist companies operating in environments that are manually intensive, paper-based and heavily regulated. We see great opportunity to combine the expertise and technology in these areas to bring new innovation to the wealth management market.” I don’t get it! Wealth management, and document exchanges – I cannot see a synergy other than the transactions! First thing to do is…

  Albany Software has been operating since 1989, and in 2005, the company reported revenues of £7.593 million and headcount of 93 people. Albany has gone through three name changes in the past, these being: Goodwing Computers -> Halon Computers (1989) -> Albany Computers (1989) -> Albany Software (1994). The company is 100% owned by Adrian Stafford-Jones (based on 2004 accounts), who became a Director of the company in 1991. Unfortunately, Companies House is now closed (i.e. past midnight), so I cannot purchase the last set of accounts, and these figures may require an update. Albany Software’s product portfolio can…