Sponsored by
Iris expands to take in FreeAgent online
IRIS, the UK's largest privately owned software firm, has bought a minority stake in Edinburgh-based coding house FreeAgent Central for an undisclosed sum.
The pair have also signed a partnership agreement under which Iris will sell FreeAgent's online accounting software to accountancy practices. Iris already controls 50 per cent of the UK accountancy market.
Ed Molyneux, FreeAgent Central's managing director, said: "This is an important milestone for FreeAgent Central and our strategic partnership aims to deliver a number of software-as-a-service (SAAS) products to the mainstream accounting software market."
Under the deal, Phill Robinson, managing director of accounting practice solutions at Iris, will join FreeAgent Central's board. Robinson was formerly with SAAS pioneer Salesforce.com.
Email to a friend
Print this page- Alistair Darling leads ‘No to independence’ fight over tea and biscuits
- Scottish independence: SNP flip-flops over Nato
- Scottish Independence: SNP ‘won’t be Yes campaign’s only voice’
- Today’s youth not fit to be employed, says car firm Arnold Clark
- Rangers takeover: Duff & Phelps threaten legal action against BBC
Looking for...
Featured advertisers
Jobs
Search for a job
Motors
Search for a car
Property
Search for a house
Weather for Edinburgh
Friday 25 May 2012
Today
Sunny
Temperature: 10 C to 21 C
Wind Speed: 14 mph
Wind direction: North east
Tomorrow
Sunny
Temperature: 9 C to 20 C
Wind Speed: 15 mph
Wind direction: North east
