Yardi Systems Buys Point2 Technologies

Santa Barbara-based Yardi Systems, a developer of real estate and property management software, said late Thursday that it has acquired Point2 Technologies, a developer of online marketing software for the real estate industry. Financial terms of the buy were not disclosed. Point2 is headed in Saskatoon, Saskatchewan with offices in Vancouver, British Columbia and San Diego. Point2 has over 130 employees, and was founded in 1996.