Acumatica acquired by UK private equity firm in bid to take on Oracle, Microsoft and other business tech giants

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Acumatica CEO Jon Roskill. (Acumatica Photo)

In what it calls an attempt to take on global enterprise software giants including Microsoft, Oracle and Sage, Bellevue, Wash.-based Acumatica announced this morning that it has been acquired by a UK private equity fund called EQT Partners.

The deal comes with

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