Deloitte's Abacus taken over by Thomson Reuters
Thursday, 17 September 2009
Some major news this week in the tax software market. Deloitte (where I trained in the Andersen days) has struck a deal with Thomson Reuters to sell the Abacus tax suite of software products to UK / American giant Thomson Reuters. I actually did find out about this on Friday night last week, but has taken me a while to blog it.
Thomson Reuters now have a major position in the UK tax software market, as they can offer products for CT compliance, PT compliance, tax accounting solutions, transfer pricing along with a workflow tax management product. That has been some serious acquisiton growth on the part of Thomson Reuters over the last 2 years.
For the full announcement from Thomson Reuters, click here.
Labels: company news, tax compliance, tax software, technology



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