DataMirror Corp., plans to acquire certain assets of SmartSales Inc., a bankrupt customer relationship management company.
It will be a cash transaction, but additional terms of the deal were not disclosed.
Assets include computer equipment, accounts receiveables, software and other intellectual property and customer lists.
Toronto-based DataMirror expects to market it data-integration software to SmartSales base of 100-client companies.
DataMirror’s CEO Nigel Stokes, is a former director and chairman of SmartSales and he holds approximately 20% of the common shares of SmartSales.
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