|
|
Article: Tyler Technologies Announces Acquisition of Eden Systems, Inc.; Purchase Expands Tyler's Presence in Local Government Financial Systems Market.
- Article from:
- PR Newswire
- Article date:
- December 3, 2003
CopyrightCOPYRIGHT 2003 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
|
Tyler Technologies, Inc. announced today that it has acquired privately held Eden Systems, Inc. of Renton, Washington. Eden was founded in 1981 and provides financial, personnel and citizen services applications software for local governments. Eden has more than 160 installations nationwide, with a particularly strong presence among cities, counties and other local government agencies in the western United States.
Eden Systems is profitable and is expected to have revenues of approximately $12 million in calendar 2003. The acquisition is expected to be accretive to Tyler's earnings in 2004.
"Eden Systems is a great fit with Tyler Technologies," ...