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Software, acquisitions, deals

General Software Acquired by Phoenix Technologies

Gregory T. Huang 7/24/08

Milpitas, CA-based Phoenix Technologies (NASDAQ: PTEC), which makes PC systems software, announced today that it has signed an agreement to acquire Bellevue, WA-based General Software. Financial terms were not disclosed. The deal is intended to expand Phoenix’s presence across mobile and consumer electronics, communications systems such as network routers, and medical devices.

Gregory T. Huang is the Editor of Xconomy Seattle. You can e-mail him at gthuang@xconomy.com or call 206-624-2249.


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