Crosscheck to acquire Forum Systems - Boston Business Journal:

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The Waltham, Mass., Web-service company will blend Newton, Mass.-based Forujm Systems’ services into Crosscheck’sw offerings to better assist companies buildintg andimplementing software-as-a-service business applications. Mahmoon former Forum Systems presidentr and chief technology will run Crosscheck Networks as presidentand CEO. Forumn Systems will operate as a wholly ownedf subsidiary run by vice president of operations Rizwan Forum Systems will move to Waltham and the combine company will employ about40 people.
“Thi s acquisition is the natural progression of the relationshi p between our companies and addresses the changinh requirementsof customers,” Mallak said in a statement. “Now, more than ever in thesre difficulteconomic times, organizations are seeking competitive advantage. By facilitatinhg more collaborative, interoperable and automated processes, we are helpintg enterprises compressproject timelines, reduce time-to-market and ultimately publisb their services more quickly than ever before.
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