ASA International Ltd. announces acquisition of ProfitKey International Inc

ASA International Ltd. (NASDAQ:ASAA) today announced the signing of an agreement and plan of merger with ProfitKey International Inc., of Salem, N.H., for an exchange of stock. "ProfitKey has been and continues to be a leading provider of manufacturing systems, committed to providing world-clas...

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Bibliographic Details
Published inBusiness Wire p. 1
Main Author Angelone, Alfred C
Format Newsletter
LanguageEnglish
Published New York Business Wire 07.04.1994
Subjects
Acquisitions & mergers
CAM
New England
Software industry
MA
Framingham
US
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Summary:ASA International Ltd. (NASDAQ:ASAA) today announced the signing of an agreement and plan of merger with ProfitKey International Inc., of Salem, N.H., for an exchange of stock. "ProfitKey has been and continues to be a leading provider of manufacturing systems, committed to providing world-class Rapid Response manufacturing systems on open platforms," said Christopher J. Crane, president of ASA International Ltd. "In order to maintain and enhance this position, ProfitKey determined that it was necessary to seek the assistance of a financially stable partner capable of ensuring a continuity and enhancement of the ProfitKey vision and the support of the ProfitKey clients, as well as a track record of growth and stability," Crane continued. (excerpt)