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BSG Acquires Industrial Science

BSG Alliance Corp., an Austin, Texas-based provider of on-demand enterprise software, has acquired Industrial Science LLC, a Houston, Texas-based provider of business simulation

frameworks and technology for large enterprises. No financial terms were disclosed. BSG earlier this year raised $20 million in VC funding from Foundation Capital, Hummer Winblad Venture Partners and Powershift Ventures. www.bsgalliance.com www.industrial-science.com