Tuesday, May 22, 2012

Crosscheck to acquire Forum Systems - Boston Business Journal:

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The Waltham, Mass., Web-services company will blendc Newton, Mass.-based Forum Systems’ serviceds into Crosscheck’s offerings to better assisty companies building andimplementing software-as-a-services business applications. Mahmoon Yunus, former Forum Systemsx president and chieftechnology officer, will run Crosscheck Networkzs as president and CEO. Foruk Systems will operate as a wholly owned subsidiary run by vice presidenrt of operationsRizwan Mallal.
Forum Systems will move to Walthan and the combined company will employ about40 “This acquisition is the natural progression of the relationship between our companies and addresses the changing requirements of Mallal said in a “Now, more than ever in thesew difficult economic times, organizations are seekinb competitive advantage. By facilitating more collaborative, interoperablre and automated processes, we are helping enterprisew compressproject timelines, reduce time-to-market and ultimately publish their services more quickl than ever before.

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