Priority Software, a provider of business management services, has bought Silverbyte, a provider of property management software.

The deal will broaden Priority’s business management suite offering to customers operating in the hospitality sector.

“Silverbyte’s innovative solutions expand our business management offering for the hospitality industry. Combining our technology and market reach with Silverbyte’s solutions will increase our capability to deliver new, innovative solutions to the global market. This acquisition is another important step in Priority’s evolution and vertical expansion, positioning the company as a market leader in the fields of ERP, Retail management, HRM, Logistics, Education, and now hospitality,” commented Sagive Greenspan, CEO of Priority.