Two UK-based optical software companies, Ocuco and Relcon Software, have merged to become Ocuco-Relcon, an operation with combined revenues of $8 million for last year. Together they have 55 staff members and 1,000 sites throughout Europe. Ocuco claims to be the largest supplier of stock management programs for opticians in the UK. The company's turnover in 2005 was €3,991,037, as compared to €1,394,853 in the previous year. As previously reported (EWI Vol. 7- No.3), Ocuco completed a management buy-out last March that valued the company at €5 million. Led by Leo Mac Canna, chief executive, the buy-out was financed by a combination of cash and preference shares, and was part of the company's plan to expand beyond the UK and Ireland.