Consolidation Continues in K-12 Data Management Sector as STI Acquires The Lemberger Co

September 2006
Educational Marketer;9/4/2006, Vol. 37 Issue 25, p1
Trade Publication
The article reports on the acquisition of the Lemberger Co. by Software Technology Inc. (STI), a provider of data management solutions for the school market in the U.S. The move is seen to be the first of several similar acquisitions as STI aims for a growth strategy. According to estimates, the acquisition will give STI annual revenue of about $17.5 million in the fiscal year ending September 30, 2006.


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