On January 6, in an effort to expand its customer base and reseller partner channel Great Plains, a provider of financial management software for midsize businesses, announced it plans to acquire RealWorld Corp., a developer of accounting and business solutions. In a separate move, Great Plains also unveiled plans to acquire Fixed Asset Management LLC, a wholly owned subsidiary of The Forestar Group to gain the rights to Forestar's Fixed Asset Management product, which allows a company to record, track, depreciate, and analyze its fixed assets.
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Corp., a developer of accounting and business solutions. Through the acquisition, Great Plains expects to add over 20,000 mid-market customers and expand its channel capacity through RealWorld's partner network. Great Plains will gain over 65 team members located in Manchester, N.H., with development, marketing, sales, and business-management experience. The company says it plans to use the northeast office to provide consulting, training, migration, and support services to customers and partners. Great