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Ryan has acquired OneSource Property Tax from Thomson Reuters.The software line includes a system for managing property tax, including real and personal property.
Onesource also includes a suite of transfer pricing products.
“This acquisition makes Ryan the largest property tax software provider in North America,” CEO G. Brint Ryan said in a prepared statement. The company noted itw as already a “significant user” of Onesource.
Terms were not disclosed. About 25 employees will move to Ryan with the deal, which is said to include more than 600 customers.
Ryan offers products in the areas of indirect tax for Canada and the United States, unclaimed property and property tax.
Bob Scott has provided information to the tax and accounting community since 1991, first as technology editor of Accounting Today, and from 1997 through 2009 as editor of its sister publication, Accounting Technology. He is known throughout the industry for his depth of knowledge and for his high journalistic standards. Scott has made frequent appearances as a speaker, moderator and panelist and events serving tax and accounting professionals. He has a strong background in computer journalism as an editor with two former trade publications, Computer+Software News and MIS Week and spent several years with weekly and daily newspapers in Morris County New Jersey prior to that. A graduate of Indiana University with a degree in journalism, Bob is a native of Madison, Ind