Software provider GL Trade has posted strong results for the
first quarter of 2005. Better than expected performance from
recently acquired back office vendor Ubitrade (see FO
Week Vol 9 No 48) was one contributor to a 21% increase in
sales over the same period last year.
GL's director client services, marketing and communication,
Philippe Carré, told FO Week the acquisition of Ubitrade
and of US software firm Davidge Data Systems (DDS) towards the
end of 2004 had proven succesful for the company in generating
custom in Europe and the US respectively.
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