UnicornHRO Acquires Developer of Open-Source HR Software

Feature: Quick Takes — January 16, 2007

UnicornHRO Acquires Developer of Open-Source HR Software
BMH specializes in hosted services for HR, payroll.

Flying Unicorn: BMH Inc., a 26-year-old company that developed open-source software for human resource management systems, is now part of Florham Park, New Jersey-based UnicornHRO. Unicorn, which specializes in hosted and outsourced HR and payroll services, has acquired the assets of Addison, Texas-based BMH for an undisclosed amount. BMH, otherwise known as Bonnecaze, McLeroy and Harrison, made its debut in 1980 as a developer of software products for mainframe computers and later for client/server computing.

—Garry Kranz