MYOB BUYS GREENTREE

Peter Dickinson, GreentreeAustralia-based MYOB has acquired Greentree, which makes financial software for companies with roughly 100 to 1,000 employees. MYOB is buying Auckland, N.Z.-based Greentree for $20.5 million. The move will give MYOB a broader geographical reach and a larger potential base of clients. MYOB operates in Australia and New Zealand and serves companies with about 20 to 500 employees.

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