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IT Services Provider, Advanced, Buys Education Software Provider Serco Learning For £7.25M; Eyes Public Sector Cross-Selling

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http://techcrunch.com – U.K.-based IT software and services provider, Advanced Computer Software Group (Advanced) — which has clients in both public and private sectors in its home market and abroad — has announced the acquisition of education software provider Serco Learning for £7.25 million ($11.6 million) in cash, £6.25 million of which is payable to Serco Group and £1 million to outsourcing company iGate for the novation of a material services contract (in 2011 iGate and Serco inked a five year deal to deliver SAP services to Serco customers). Advanced said it expects the acquisition to compl (IT news)