Mamut snaps up leftovers of MYOB UK for £1.7m

Norwegian software house has acquired the UK business division of MYOB in the wake of the Australian company's disposal of its Accountants Division to Wolters Kluwer/CCH last month.

Mamut will give MYOB a £1.7m cash payment in two instalments to launch itself into the number three spot in the UK market for small business accounting software.

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