Software supplier Sage buys HR systems developer Snowdrop in £17m deal

Software giant Sage has bought rival Snowdrop 
Systems in a £17m deal.

Sage is a leading supplier of business management software and services to 5.2 million customers worldwide.

Snowdrop provides leading human resources and payroll management software to more than 700 mid-sized businesses in the UK, focusing on those with 50 to 2,000 employees.

Paul Stobart, chief executive of the Sage UK and Ireland region, said: “The acquisition of Snowdrop, with its specialist range of HR software products backed up by first-class service and support, will enable us to provide our customers with exactly what they require in the HR field.”