ERP Company Acquisition

Exact Software (www.exactamerica.com), Andover, Mass., has completed the acquisition of Vanguard Solutions Group (www.vanguardsolutions.com), a Glen Ellyn, Ill., provider of enterprise business intelligence solutions.

The acquisition enables Exact to more fully address the growing mid-market need for comprehensive business analytics that extend traditional financial reporting and enterprise resource planning (ERP) functionality. The companies’ strategic partnership in October 2004 led to incorporation of business analytics within the Exact Macola ERP product.

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