IRISH RISK-MANAGEMENT software developer Ci3 has been sold to US rival Wolters Kluwer Tax and Accounting for an undisclosed sum.
Dublin-based Ci3's main product is the Sword enterprise risk-management system. The company has 3,000 users worldwide.
Wolters Kluwer Tax and Accounting is part of the US-based Wolters Kluwer group, and sells its accounting and audit software systems under the CCH brand.
The US firm said yesterday it would use Ci3 to expand into the risk-management area.
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CFM Capital, the corporate finance arm of Mazars, advised Ci3.
