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Short: Advent to acquire NewReach

Advent Technologies, a Miami-based accounting and management software firm, announced it will acquire privately held NewReach Communications in a $13.5 million stock deal. Advent will assume NewReach's name and has applied to regulators to change its ticker symbol.

Advent Technologies, a Miami-based accounting and management software firm, announced it will acquire privately held NewReach Communications in a $13.5 million stock deal. Advent will assume NewReach's name and has applied to regulators to change its ticker symbol.