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CDC Software to Acquire Catalyst

AP
Wednesday, 5 Sep 2007 | 10:40 AM ET

CDC Software, a unit of Chinese software, online gaming and Internet service provider CDC Corp., said Wednesday it agreed to purchase software and services provider Catalyst International Inc.

Terms of the purchase were not disclosed.

CDC Software said once the deal is finalized it anticipates merging Catalyst's SAP practice business unit with CDC Software's global services unit.

CDC Software expects the deal to close by the end of September and anticipates the purchase of the Milwaukee-based company will immediately contribute to earnings.

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