La Crosse Company Acquired By Out-Of-State Business

A software and services company in La Crosse says it's being acquired by a similar firm based in California and Paris.

Business Objects says it'll buy Firstlogic for about 69 million dollars in cash.

It's unclear how the acquisition will impact the La Crosse operation. The deal is expected to close in the second quarter.

The company has been looking for suitors after an acquisition by Pitney Bowes fell through last September.

Pitney Bowes announced it was acquiring the 90% of Firstlogic it didn't already own for about 50 million dollars. That deal was called off in November.

Firstlogic has about 300 employees in La Crosse