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: TechAgreements

Sumtotal Announces Agreement To Be Acquired BY Vista Equity Partners For $4.85 Per Share In Cash

By TechAgreements

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MOUNTAIN VIEW, Calif. – May 27, 2009 – SumTotal® Systems, Inc. (NASDAQ: SUMT) ("SumTotal" or "the Company"), the market leader and a global provider of talent development solutions, today announced that it has entered into a definitive merger agreement with affiliates of Vista Equity Partners Fund III, L.P. ("Vista") under which Vista will acquire all the outstanding shares of SumTotal common...

Full post as published by TechAgreements on May 27, 2009 (boomark / email).

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