TechOne makes performance buy
![zd-defaultauthor-renai-lemay.jpg](https://www.zdnet.com/a/img/resize/2cee8c786884cfa5475b7ffebff02918aade4aff/2014/12/04/693a2c5f-7b6f-11e4-9a74-d4ae52e95e57/zd-defaultauthor-renai-lemay.jpg?auto=webp&fit=crop&frame=1&height=192&width=192)
in brief TechnologyOne today said it had acquired the rights to the Web-enabled strategic planning and performance management software of fellow Queensland-based corporate software vendor OutcomeManager.
TechnologyOne had already been selling the solution to its own clients, but is planning to expand the software's capabilities after bringing the technology in-house. The group's executive chairman, Adrian Di Marco, said one task would be to tack on green functionality.
"An immediate focus will be to develop this into an end-to-end risk and sustainability management solution to track carbon emission reduction efforts, and to view the ongoing management and visibility of risk in major projects," he said in a statement.
TechnologyOne will take over all of OutcomeManager's customers, under "similar" terms to existing agreements. Terms of the deal were not disclosed.