Rogue Wave Software Acquires European Distributor

PR Newswire | February 18, 1997 | Copyright

CORVALLIS, Ore., Feb. 18 /PRNewswire/ -- Rogue Wave Software, Inc. (Nasdaq: RWAV) today announced that it has acquired 100% of the outstanding stock of PVI Precision Software GmbH ("Precision") for cash totaling $2,000,000. Precision is a European distributor of Rogue Wave and other software products in Germany, the United Kingdom, France, and the Benelux countries. Precision owns subsidiaries in the United Kingdom, France and the Netherlands which will continue to operate as wholly-owned subsidiaries under the Rogue Wave name. The Company intends to merge Precision's ...

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