Jacada announces acquisition of Anota

Jacada (Nasdaq:JCDA), which makes legacy software integration and extension solutions, has completed the acquisition of Anota, a privately-held Israeli developer and supplier of thin-client, web-to-host, emulation software for desktop connectivity.

Jacada is paying $640,000 in shares, and is assuming the company's commitments. It also agreed to an earnout arrangement based on future revenues, Jacada said.

According to Gideon Hollander, Jacadas CEO, "Anota's products enable organizations to easily make their business critical applications available over the web in a matter of minutes, without installing any software on the host system or client machines.

"With this acquisition, Jacada has now expanded its product suite to include a fast, easy, and extremely affordable way for companies to achieve thin-client host access in addition to providing an inexpensive alternative to fat-client emulation products."

More from Technology

3 Warren Buffett Stock Picks That Could Be Perfect for Your Retirement Portfolio

3 Warren Buffett Stock Picks That Could Be Perfect for Your Retirement Portfolio

50 Stocks That Could Be Shredded If a U.S. Trade War With China Ignites

50 Stocks That Could Be Shredded If a U.S. Trade War With China Ignites

Salesforce Is Hitting on All Cylinders as Shares Notch an All-Time High

Salesforce Is Hitting on All Cylinders as Shares Notch an All-Time High

Tuesday Turnaround in Politics: Is a Trade War on the Horizon?

Tuesday Turnaround in Politics: Is a Trade War on the Horizon?

FANG Stocks Get Swept Up in Broader Market Selloff

FANG Stocks Get Swept Up in Broader Market Selloff