Thomson Reuters Business Description
Allocate Software plc is a supplier of workforce and compliance optimization solutions for world-wide organizations. It provides services and support to an international customer base in main vertical sectors, including healthcare, defense and maritime. It has three segments: Licences, which represents revenue from the sale of non-cancellable license agreements; Services, which represents revenue from the provision of installation, consulting, training and product support, and Other. On December 15, 2009, it acquired Time Care AB (Time Care) in Sweden, which is a provider of workforce management software. On May 5, 2010, it acquired Dynamic Change Limited. As of May 31, 2010, its health care customer base included 353 NHS Trusts in the United Kingdom and 121 NHS Trusts. In August 2011, it acquired Zircadian Holdings Limited.
