TechnologyOne snaps up Icon for $10 million

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[1] TechnologyOne, an Australian software company, has acquired Icon Strategic Solutions for $10 million in a move intended to enhance its local government sector business

[2] The acquisition is part of part of TechnologyOne’s strategic focus on offering innovative and relevant solutions for the local government sector, and increasing its earning in 2015 financial year.

[3] TechnologyOne counts on the fact that thousands of Australians already use Icon software on council websites, thus a better way of enhancing its market.

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[Source] http://www.arnnet.com.au/article/565274/technologyone-snaps-up-icon-10-million/