Interesting article from the times online broker team they are pushing SAGE as a great stock to purchase for a potential takeover.
The reason they have got so excited is Sage has always had the reputation of a minor player within the back office vendor market now that Sage has bought Verus the brokers are hoping the stock will be revalued higher.
Sage must be extremely irritated that they did not get into the Gartner report that said only SAP, Oracle, Microsoft and SSA will be the main players in the ERP Market in a few years time. Sage has indicated that they want to increase their net debt from £100 million to £600 million might need a couple hundred million more to play with the big guys considering Microsoft is spending two billion dollars on R&D alone.
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