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Thomson Reuters Completes Acquisition of Abacus Software Business From Deloitte LLP

Thomson Reuters, the world's leading source of intelligent information for businesses and professionals, today announced that its Tax & Accounting business has completed the acquisition of the Abacus Enterprise suite of products and related business operations from Deloitte LLP, a leading professional services firm.

The Abacus suite of products helps corporations and their advisors plan, comply, and remit income taxes and value added taxes (VAT), and, in addition to Abacus products, includes Workflow, Identity and P11D products. The business will continue to be based in London.