Business Services Industry
The Seattle Times Business Digest Column.
Knight Ridder/Tribune Business News, April, 2001
The Seattle Times Knight Ridder/Tribune Business News
Apr. 3--SEATTLE--Concur Technologies, an expensemanagement software company based in Redmond, is selling its human-resources software division to MBH Solutions, a work-force-management software company in Teaneck, N.J. The Oakland-based division was acquired by Concur in 1999 for 3.4 million shares of Concur stock, or about $130 million at the time. The company did not disclose the financial details of yesterday's sale.
NETMOTION, A WRQ SPINOFF, CLOSES A ROUND OF FUNDING: SEATTLE--NetMotion Wireless of Seattle announced yesterday it closed an $8.8 million round of funding as it was spun out from WRQ, a Seattle-based technology integration company.
Craig McKibben, WRQ co-founder and...
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