-----BEGIN PRIVACY-ENHANCED MESSAGE-----
Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
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<SEC-DOCUMENT>0001013594-09-000366.txt : 20090217
<SEC-HEADER>0001013594-09-000366.hdr.sgml : 20090216
<ACCEPTANCE-DATETIME>20090217181618
ACCESSION NUMBER:		0001013594-09-000366
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		2
CONFORMED PERIOD OF REPORT:	20090212
FILED AS OF DATE:		20090217
DATE AS OF CHANGE:		20090217

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			Kaufman Michael A
		CENTRAL INDEX KEY:			0001426157

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-05734
		FILM NUMBER:		09616366

	BUSINESS ADDRESS:	
		BUSINESS PHONE:		212-486-3211

	MAIL ADDRESS:	
		STREET 1:		590 MADISON AVENUE, 9TH FLOOR
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10022

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			AGILYSYS INC
		CENTRAL INDEX KEY:			0000078749
		STANDARD INDUSTRIAL CLASSIFICATION:	WHOLESALE-ELECTRONIC PARTS & EQUIPMENT, NEC [5065]
		IRS NUMBER:				340907152
		STATE OF INCORPORATION:			OH
		FISCAL YEAR END:			0331

	BUSINESS ADDRESS:	
		STREET 1:		4800 E 131ST ST
		CITY:			CLEVELAND
		STATE:			OH
		ZIP:			44105
		BUSINESS PHONE:		2165873600

	MAIL ADDRESS:	
		STREET 1:		4800 E 131ST ST
		CITY:			CLEVELAND
		STATE:			OH
		ZIP:			44105

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	PIONEER STANDARD ELECTRONICS INC
		DATE OF NAME CHANGE:	19920703

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			SUSSMAN S DONALD
		CENTRAL INDEX KEY:			0001044734

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-05734
		FILM NUMBER:		09616365

	BUSINESS ADDRESS:	
		STREET 1:		6100 RED HOOK QUARTER
		STREET 2:		18B, SUITES C, 1-6
		CITY:			ST. THOMAS
		STATE:			VI
		ZIP:			00802
		BUSINESS PHONE:		2038628000

	MAIL ADDRESS:	
		STREET 1:		6100 RED HOOK QUARTER, 18B
		STREET 2:		SUITES C, 1-6
		CITY:			ST. THOMAS
		STATE:			VI
		ZIP:			00802

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			MAK Capital Fund LP
		CENTRAL INDEX KEY:			0001426156
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-05734
		FILM NUMBER:		09616367

	BUSINESS ADDRESS:	
		STREET 1:		590 MADISON AVENUE, 9TH FLOOR
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10022
		BUSINESS PHONE:		212-486-3211

	MAIL ADDRESS:	
		STREET 1:		590 MADISON AVENUE, 9TH FLOOR
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10022

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			MAK CAPITAL ONE LLC
		CENTRAL INDEX KEY:			0001385702
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-05734
		FILM NUMBER:		09616368

	BUSINESS ADDRESS:	
		STREET 1:		590 MADISON AVENUE, 9TH FLOOR
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10022
		BUSINESS PHONE:		212-486-3211

	MAIL ADDRESS:	
		STREET 1:		590 MADISON AVENUE, 9TH FLOOR
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10022

	FORMER NAME:	
		FORMER CONFORMED NAME:	MAK Capital
		DATE OF NAME CHANGE:	20070109
</SEC-HEADER>
<DOCUMENT>
<TYPE>4
<SEQUENCE>1
<FILENAME>agilysisfm4-021709_ex.xml
<TEXT>
<XML>
<?xml version="1.0"?>
<ownershipDocument>

    <schemaVersion>X0303</schemaVersion>

    <documentType>4</documentType>

    <periodOfReport>2009-02-12</periodOfReport>

    <notSubjectToSection16>0</notSubjectToSection16>

    <issuer>
        <issuerCik>0000078749</issuerCik>
        <issuerName>AGILYSYS INC</issuerName>
        <issuerTradingSymbol>AGYS</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001385702</rptOwnerCik>
            <rptOwnerName>MAK CAPITAL ONE LLC</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>590 MADISON AVENUE, 9TH FLOOR</rptOwnerStreet1>
            <rptOwnerStreet2></rptOwnerStreet2>
            <rptOwnerCity>NEW YORK</rptOwnerCity>
            <rptOwnerState>NY</rptOwnerState>
            <rptOwnerZipCode>10022</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>0</isDirector>
            <isOfficer>0</isOfficer>
            <isTenPercentOwner>1</isTenPercentOwner>
            <isOther>0</isOther>
        </reportingOwnerRelationship>
    </reportingOwner>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001426156</rptOwnerCik>
            <rptOwnerName>MAK Capital Fund LP</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>590 MADISON AVENUE, 9TH FLOOR</rptOwnerStreet1>
            <rptOwnerStreet2></rptOwnerStreet2>
            <rptOwnerCity>NEW YORK</rptOwnerCity>
            <rptOwnerState>NY</rptOwnerState>
            <rptOwnerZipCode>10022</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>0</isDirector>
            <isOfficer>0</isOfficer>
            <isTenPercentOwner>1</isTenPercentOwner>
            <isOther>0</isOther>
        </reportingOwnerRelationship>
    </reportingOwner>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001426157</rptOwnerCik>
            <rptOwnerName>Kaufman Michael A</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>590 MADISON AVENUE, 9TH FLOOR</rptOwnerStreet1>
            <rptOwnerStreet2></rptOwnerStreet2>
            <rptOwnerCity>NEW YORK</rptOwnerCity>
            <rptOwnerState>NY</rptOwnerState>
            <rptOwnerZipCode>10022</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>0</isDirector>
            <isOfficer>0</isOfficer>
            <isTenPercentOwner>1</isTenPercentOwner>
            <isOther>0</isOther>
        </reportingOwnerRelationship>
    </reportingOwner>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001044734</rptOwnerCik>
            <rptOwnerName>SUSSMAN S DONALD</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>6100 RED HOOK QUARTER, 18B</rptOwnerStreet1>
            <rptOwnerStreet2>SUITES C, 1-6</rptOwnerStreet2>
            <rptOwnerCity>ST. THOMAS</rptOwnerCity>
            <rptOwnerState>VI</rptOwnerState>
            <rptOwnerZipCode>00802</rptOwnerZipCode>
            <rptOwnerStateDescription>VIRGIN ISLANDS, U.S.</rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>0</isDirector>
            <isOfficer>0</isOfficer>
            <isTenPercentOwner>1</isTenPercentOwner>
            <isOther>0</isOther>
        </reportingOwnerRelationship>
    </reportingOwner>

    <nonDerivativeTable>
        <nonDerivativeTransaction>
            <securityTitle>
                <value>Common Stock</value>
            </securityTitle>
            <transactionDate>
                <value>2009-02-12</value>
            </transactionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>P</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
            </transactionCoding>
            <transactionAmounts>
                <transactionShares>
                    <value>72159</value>
                </transactionShares>
                <transactionPricePerShare>
                    <value>3.8568</value>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>A</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>2495091</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                    <footnoteId id="F1"/>
                    <footnoteId id="F2"/>
                    <footnoteId id="F3"/>
                </directOrIndirectOwnership>
            </ownershipNature>
        </nonDerivativeTransaction>
        <nonDerivativeTransaction>
            <securityTitle>
                <value>Common Stock</value>
            </securityTitle>
            <transactionDate>
                <value>2009-02-13</value>
            </transactionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>P</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
            </transactionCoding>
            <transactionAmounts>
                <transactionShares>
                    <value>23363</value>
                </transactionShares>
                <transactionPricePerShare>
                    <value>4.1263</value>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>A</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>2518454</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                    <footnoteId id="F1"/>
                    <footnoteId id="F2"/>
                    <footnoteId id="F3"/>
                </directOrIndirectOwnership>
            </ownershipNature>
        </nonDerivativeTransaction>
        <nonDerivativeTransaction>
            <securityTitle>
                <value>Common Stock</value>
            </securityTitle>
            <transactionDate>
                <value>2009-02-17</value>
            </transactionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>P</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
            </transactionCoding>
            <transactionAmounts>
                <transactionShares>
                    <value>5605</value>
                </transactionShares>
                <transactionPricePerShare>
                    <value>4.0280</value>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>A</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>2524059</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                    <footnoteId id="F1"/>
                    <footnoteId id="F2"/>
                    <footnoteId id="F3"/>
                </directOrIndirectOwnership>
            </ownershipNature>
        </nonDerivativeTransaction>
        <nonDerivativeTransaction>
            <securityTitle>
                <value>Common Stock</value>
            </securityTitle>
            <transactionDate>
                <value>2009-02-17</value>
            </transactionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>P</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
            </transactionCoding>
            <transactionAmounts>
                <transactionShares>
                    <value>58000</value>
                </transactionShares>
                <transactionPricePerShare>
                    <value>4.0200</value>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>A</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>2582059</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                    <footnoteId id="F1"/>
                    <footnoteId id="F2"/>
                    <footnoteId id="F3"/>
                </directOrIndirectOwnership>
            </ownershipNature>
        </nonDerivativeTransaction>
    </nonDerivativeTable>

    <footnotes>
        <footnote id="F1">Reflects the transactions of securities owned directly by MAK Capital Fund LP (&quot;MAK Capital Fund&quot;).</footnote>
        <footnote id="F2">MAK Capital One LLC (&quot;MAK Capital One&quot;) acts as the investment manager of MAK Capital Fund and Paloma International L.P.
 (&quot;Paloma&quot;) with respect to the securities reported herein.  Paloma, through its subsidiary, Sunrise Partners Limited
 Partnership, owns 1,772,286 shares of common stock.  Michael A. Kaufman is the managing member of MAK Capital One and the
 controlling person of MAK Capital Fund.  S. Donald Sussman is the controlling person of Paloma.</footnote>
        <footnote id="F3">MAK Capital One and Mr. Kaufman may each be deemed to indirectly beneficially own the shares of common stock held by MAK
 Capital Fund and Paloma.  Mr. Sussman may be deemed to beneficially own the shares of common stock held by Paloma.  For
 purposes of this Form 4, MAK Capital One, Mr. Kaufman and Mr. Sussman each disclaims ownership of the shares of common stock
 owned by MAK Capital Fund and Paloma, except to the extent of their pecuniary interest therein.</footnote>
    </footnotes>

    <ownerSignature>
        <signatureName>Michael A. Kaufman, Managing Member of MAK CAPITAL ONE LLC</signatureName>
        <signatureDate>2009-02-17</signatureDate>
    </ownerSignature>
</ownershipDocument>
</XML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99
<SEQUENCE>2
<FILENAME>agilysysex99-021709.txt
<DESCRIPTION>JOINT FILER INFORMATION
<TEXT>
                             Joint Filer Information

Title of Security:            Common Stock

Issuer & Ticker Symbol:       Agilysys, Inc. (AGYS)

Designated Filer:             MAK Capital One LLC

Other Joint Filers:           MAK Capital Fund LP (the "MAK Capital Fund");
                              Michael A. Kaufman;
                              Paloma International L.P. ("Paloma"); and
                              S. Donald Sussman

Addresses:                    The address of each of MAK Capital Fund and
                              Mr. Kaufman is 590 Madison Ave, 9th Floor,
                              New York, New York 10022.

                              The address of Paloma is Two American Lane,
                              Greenwich, Connecticut 06836.

                              The address of Mr. Sussman is 6100 Red Hook
                              Quarter, 18B, Suites C, 1-6, St. Thomas,
                              United States Virgin Islands 00802.

Signatures:

Dated:  February 17, 2009

                             MAK CAPITAL FUND LP
                             By: MAK GP LLC, as General Partner


                                      By: /s/ Michael A. Kaufman
                                         ------------------------------
                                              Michael A. Kaufman,
                                              Managing Member


                             /s/ Michael A. Kaufman
                             ------------------------------
                                 Michael A. Kaufman


                             PALOMA INTERNATIONAL L.P.
                                By: Paloma Partners Company L.L.C.,
                                    general partner


                                       By: /s/ Michael J. Berner
                                           ----------------------
                                               Michael J. Berner
                                               Vice President


                             S. DONALD SUSSMAN


                             By:/s/ Michael J. Berner
                                ----------------------
                                    Michael J. Berner
                                    Attorney-in-Fact

<PAGE>

                                POWER OF ATTORNEY

The undersigned hereby makes, constitutes and appoints each of Michael J. Berner
and  Douglas  W.  Ambrose  as  the  undersigned's  true  and  lawful  authorized
representative,  attorney-in-fact and agent, each with the power individually to
execute for and on behalf of the undersigned and to file with and deliver to the
United States  Securities  and Exchange  Commission  and any other  authority or
party  required or  entitled to receive the same:  (a) any Forms 3, 4 and 5, and
any  amendments  thereto,  in accordance  with Section  16(a) of the  Securities
Exchange Act of 1934,  as amended (the "1934  Act"),  and the rules  promulgated
thereunder;  and  (b) any  Schedule  13D or  Schedule  13G,  and any  amendments
thereto,  on behalf of the undersigned in accordance with Section 13 of the 1934
Act and the rules promulgated thereunder.

The undersigned also hereby grants to each such  attorney-in-fact the full power
and  authority  to do and  perform  all  and  every  act  and  thing  whatsoever
requisite,  necessary and proper to be done in the exercise of any of the rights
and  powers  herein  granted,  hereby  ratifying  and  confirming  all that such
attorney-in-fact  shall  lawfully do or cause to be done by virtue of this power
of  attorney  and  the  rights  and  powers  herein  granted.   The  undersigned
acknowledges  that each of the foregoing  attorneys-in-fact,  in serving in such
capacity  at  the  request  of  the  undersigned,  is  not  assuming  any of the
undersigned's  responsibilities  to comply with  Section 16 or Section 13 or any
other provision of the 1934 Act or the rules promulgated thereunder.

This Power of  Attorney  shall  remain in full force and  effect  until  earlier
revoked  by the  undersigned  in a signed  writing  delivered  to the  foregoing
attorneys-in-fact.

IN WITNESS WHEREOF, the undersigned has caused this Power of Attorney to be
executed as of May 9, 2006.

/s/  S. Donald Sussman
- ----------------------
     S. Donald Sussman


                        ACKNOWLEDGEMENT IN NEW YORK STATE

STATE OF CONNECTICUT, COUNTY OF FAIRFIELD ss.:


         On May 9, 2006, before me, the undersigned personally appeared, S.
Donald Sussman, personally known to me or proved to me on the basis of
satisfactory evidence to be the individual whose name is subscribed to the
within instrument and acknowledged to me that he executed the same in his
capacity, and that by his signature on the instrument, the individual, or the
person upon behalf of which the individual acted, executed the instrument.



                                 /s/ Diane R. Erickson
                                 ----------------------
                                     Diane R. Erickson, Notary Public
                                     (signature and office of individual taking
                                     acknowledgement)
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
-----END PRIVACY-ENHANCED MESSAGE-----
