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Strategic Alliance Offers JustSystems Cash and Market Opportunity

justsystems logo.png It has often been said that necessity is the mother of invention. In current times, with recession depriving many businesses of the barest survival necessity – cash - invention is key to getting through the next 12 months.

In this respect then, the recent announcement from XML and Information Management software vendor JustSystems (news, site) that Keyence Corp, a developer of sensors for factory automation, is to take a 44% stake -- worth US$ 44.7m -- in the Japanese vendor is logical.

The logic in this case being take the money where you can find it.

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