Neon acquires rival ClientSoft

20.12.2004
Von Computerworld staff

Neon Systems Inc. last week acquired ClientSoft Inc., a maker of mainframe integration tools, for US$10.5 million in cash and the right to acquire 1.125 million shares of Neon stock. Neon said the move increases its customer base by more than half, to almost 500 sites, and adds depth and mainframe Web services expertise to its services operation.