"U.K.'s Micropal Puts Down Stakes In U.S.; Buys Wyatt's Software Division
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London-based Micropal Inc. has purchased Wyatt Software Services Inc.'s investment software division, including two of Wyatt's fixed-income performance measurement and portfolio accounting systems. In the deal, Micropal acquires Wyatt's investment software client base of 240 customers and takes on the division's 15-strong software development team.
Micropal now owns two systems developed by Wyatt, both of them PC-based. Aim is a performance measurement and asset allocation system which is used by
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