Sage has entered into an agreement with the email marketing provider Swiftpage to sell two of its CRM solutions, Sage ACT! and Sage SalesLogix. The sale represents one of the actions that Sage has taken as part of its strategy to concentrate on its highly profitable maintenance and development products.
Sage chief executive Guy Berruyer explains: ”The sale of these non-core products is consistent with our strategy of focusing our business to accelerate growth and demonstrates significant progress in streamlining the portfolio, allowing regional management to focus on the considerable growth opportunities within their core markets.”
In addition, Sage also announced the selling of the Sage Nonprofit Solutions product suite to Accel-KKR, and C&I, ATL, Automotive, and Aytos to Argos Soditic–the latter still awaiting the approval from French Works Council.