General Software Acquired by Phoenix Technologies

Milpitas, CA-based Phoenix Technologies (NASDAQ: PTEC), which makes PC systems software, announced today that it has signed an agreement to acquire Bellevue, WA-based General Software. Financial terms were not disclosed. The deal is intended to expand Phoenix’s presence across mobile and consumer electronics, communications systems such as network routers, and medical devices.

Gregory T. Huang is Xconomy's Editor in chief. E-mail him at gthuang [at] xconomy.com. Follow @gthuang

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