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The Sage Group plc () is a leading UK based supplier of accounting, CRM and business management software (including manufacturing and construction-specific ranges) as well as related services to small and medium-sized enterprises (SME). It has ~10,000 employees, a turnover exceeding £776 million and a market capitalisation on the London Stock Exchange of over £3 billion.
Founded and headquartered in Newcastle Upon Tyne, the company for many years grew organically, but more recently has grown through acquisitions. It now operates worldwide. The company's US headquarters are in Pleasanton, California and the Canadian headquarters are in Vancouver, Canada.
It has from time to time been the only UK software company listed in the FTSE 100 Index of leading UK public companies. (The index is redrawn from time to time as companies' fortunes wax and wane.)
The Sage Group is a patron of The Sage Gateshead, a new Tyneside music venue designed by Sir Norman Foster.
The company is focusing on verticals and has recently purchased several industry-focused groups.
Sage's products include:
- ACT!
- Abra
- MAS 90, MAS 250, MAS 500
- Peachtree Accounting
- SalesLogix, whose online and standard CRM are grouped under SageCRM
- Simply Accounting
Timeline
1981 Sage established in Newcastle upon Tyne.
1984 Amstrad launches word processor, which uses the CP/M operating system. Sage software sales escalate from 30 copies a month to over 300.
1989 Sage Group plc floats on the London Stock Exchange.
1994 Paul Walker appointed chief executive for Sage Group.
1998 Sage’s Professional Accountants Division established.
1999 Sage enters FTSE 100.
1999 Sage launches dedicated Irish division, based in Dublin.
1999 Sage launches its e-business strategy.
1999 UK acquisition of Tetra sees Sage enter mid-range business software market.
2000 Sage shares named ‘best performing share of the 90s’ in the UK business press.
2001 Sage acquires Interact Commerce Inc and enters the CRM/contact management market.
2002 Sage wins 'Business of The Year' in National Business Awards.
2002 Sage sponsors new Music Centre in Gateshead for £6m - now known as The Sage Gateshead - this is the largest ever UK arts/business sponsorship. 2003 Sage is the only remaining technology stock in the FTSE 100.
Major Acquisitions
2003 - Softline (South Africa/Australia), Grupo SP (Spain), Timberline (USA), ATW (UK), Promis (UK)
2002 - Coala (France)
2001 - Interact (USA), TAS Software (UK)
2000 - Computer Resources (Ireland), Adaptus Software (UK), Apex (UK), SESAM (Switzerland), CSM (UK), Hartley (UK), Best Software (USA)
1999 - Infologia – (Portugal), Tetra (UK), Taxsoft (UK), Peachtree (USA)
1998 - P.A.S.E. (UK), PACS (UK), SOTA (USA)
1997 - Prosoft (USA), KHK (Germany)
1995 - Sybel (France)
1994 - Extra Software SPA (Spain), Multisoft (UK), Timeslips (USA), Saari (France)
1992 - Remote (Telemagic) (USA), Ciel (France), Dataform (UK)
1991 - Dac Easy (USA)
External links
Software companies | Tyne and Wear | Computer companies of the United Kingdom | 1981 establishments
"The Sage Group"