Phoenix Technologies (PTEC) to Buy Touchstone Software
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Phoenix Technologies (Nasdaq: PTEC), the global leader in core systems software, announced that it has signed a definitive agreement to acquire Touchstone Software Corporation (OTCBB: TSSW), a global leader in computer diagnostics and PC update technology. By acquiring Touchstone, Phoenix is positioned to deliver the most complete offering for the deployment and management of PC-related products and services in the PC industry. [jt]
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