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Softline Limited acquires major competitor Pastel Software - A significant milestone in the history of Softline was the acquisition of Pastel Software. [29] This acquisition consolidated Softline's position as the largest accounting software vendor in southern Africa (with an estimated 80% market share) and then the second largest in Australia.
Sage acquired Softline in 2003 and the product eventually became known as Sage Pastel and later Sage 50 Pastel. It is widely used in industry, with job advertisements frequently requiring proficiency in the software, and training courses are available by third-party providers.
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Xero Limited is a New Zealand–based technology company that provides cloud-based accounting software for small businesses. The company has offices in New Zealand, Australia, the United Kingdom, the United States, Canada, South Africa and Singapore.
AWS is the largest player in the global $270 billion cloud infrastructure market but has limited presence in Africa, where it operates in countries such as South Africa. Cloud computing depends on ...
South Africa's competition agency did not immediately respond to a Reuters request for comment. The U.S. software giant faces a EU complaint by rivals over its cloud computing licensing practices ...