Thomson Reuters to Acquire Sabrix

ACQUISITION

Acquirer: Thomson Reuters
Web: http://www.thomsonreuters.com
Location: USA, New York, NY
Region: North America
Description: Information for financial, legal, tax and accounting, healthcare and science and media markets Contact:

Target: Sabrix, Inc
Web: http://www.sabrix.com
Location: USA, San Ramon, CA
Region: North America
Description: Transaction tax management software applications and related services
Contacts:

  • Steve Adams, president and CEO of Sabrix
  • Roy M. Martin, Jr., President and CEO of Tax & Accounting

Approximate value: Undisclosed

Details Thomson Reuters announces that its Tax & Accounting business has signed a definitive agreement to acquire Sabrix, Inc. Headquartered in San Ramon, CA, with additional operations in Oregon and London, all 160 Sabrix employees will transfer into Tax & Accounting upon the close of the transaction, which is expected in December 2009.

Press Release

Database Acquisitions – November 2009

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