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Category 5 Technologies agrees to acquire Flash Ally

SHARE Category 5 Technologies agrees to acquire Flash Ally

Salt Lake-based Category 5 Technologies Inc. said Tuesday it has signed a letter of intent to acquire Orem-based Flash Ally.

Category 5 is a maker of marketing tools and technologies for small to medium-sized businesses.

Terms of the acquisition were not announced, but Category 5 said it will give the company next-generation Web site design software to sell and/or license to small and medium-sized businesses.

The acquisition is expected to close in February.