CDC Software Completes Acquisition of Activplant Corporation
November 06 2009 - 9:53AM
Business Wire
CDC Software Corporation (NASDAQ: CDCS), a global provider of
enterprise software applications and services, today announced the
acquisition of Activplant Corporation, a Canadian-based provider of
manufacturing business intelligence solutions, that is expected to
position CDC Factory as a market-leading solution in the packaged
Manufacturing Operations Management (MOM) solutions space.
For more than a decade, Activplant solutions have promoted
continuous improvement initiatives for the factory floor in
discrete and process manufacturing. Activplant is a market leader
in providing manufacturing business intelligence software for some
of the world’s leading Tier 1 automotive manufacturers, as well as
food and beverage, forestry products and CPG companies. Their
software is installed at more than 200 plants around the world. Its
patented business intelligence software helps companies manage
their operational performance by focusing on the key issues in
their facilities, which ultimately affect cost, quality, and supply
chain demand requirements. This acquisition is expected to generate
new cross-selling opportunities for CDC Supply Chain in the Tier 1
automotive market, as well as expand CDC Software’s manufacturing
solutions’ already significant footprint in the food and beverage
and consumer packaged goods markets.
“We are excited to acquire this innovative developer of
manufacturing intelligence solutions which is an ideal fit with our
CDC Factory product line,” said Bruce Cameron, president of CDC
Software. “We expect this to be an accretive acquisition and fits
within our strict valuation criteria. We believe Activplant will
help CDC Software take a leadership role in the packaged MOM
applications market. It also expands CDC Factory’s already
significant presence in the food and beverage and CPG markets, as
well as help CDC Supply Chain solutions penetrate further in the
Tier 1 automotive industry.
“With CDC Factory and Activplant’s out-of the-box MOM
functionality, manufacturers do not have to spend costly consulting
fees to customize the software to fit their distinct business
processes. With these CDC Software solutions, manufacturers can now
focus their budget on implementing best practices and continuous
improvement initiatives that will ultimately improve their
profitability,” Cameron added.
“CDC Software’s acquisition strategy is a key part of the
company’s plan for growth and we believe our strategy is enabled by
our global scalable business and technology platform that features
an infrastructure of multiple complementary applications and
services, domain expertise in vertical markets, cost effective
product engineering centers in India and China and a worldwide
network of direct sales and channel operations. We believe our
global platform is a key reason why we have successfully integrated
acquisitions that have resulted in a deeper and broader product
portfolio, expanded geographic reach, and increased vertical
expertise. ”
This acquisition announcement marks the latest of several
strategic initiatives undertaken by CDC Software. Last quarter, CDC
Software completed the acquisition of WKD Solutions Ltd., a leading
provider of supply chain event management solutions marketed under
the brand Categoric. In addition, CDC Software recently announced
plans to acquire two SaaS companies as part of its SaaS rollup
strategy to expand in this growing market.
About
Activplant
Activplant Corporation is a leading enterprise manufacturing
intelligence company. Activplant's solutions are implemented at
several of the world's largest and most admired manufacturers
http://www.activplant.com/customers/. Aimed at high-volume,
high-automation plants, Activplant's technology consolidates plant
floor data into relevant real-time and historical intelligence,
enabling productivity gains through better decision making. With
Activplant solutions, manufacturers can focus on the key issues in
their facilities and thereby helping to improve throughput, product
quality, and operating margins. Activplant is based in London,
Ontario. For more information please visit www.activplant.com
About CDC
Software
CDC Software (NASDAQ: CDCS), The Customer-Driven Company™, is a
provider of enterprise software applications and services designed
to help organizations deliver a superior customer experience while
increasing efficiencies and profitability. CDC Software's product
suite includes: CDC Factory (manufacturing operations management),
CDC Ross ERP (enterprise resource planning), CDC Supply Chain
(supply chain management, warehouse management and order
management),CDC X-alert (real-time supply chain event management),
e-M-POWER (discrete ERP), CDC Pivotal CRM and Saratoga CRM
(customer relationship management), CDC Respond (customer complaint
and feedback management), c360 CRM add-on products, industry
solutions and development tools for the Microsoft Dynamics CRM
platform, CDC HRM (human resources) and business analytics
solutions.
These industry-specific solutions are used by more than 6,000
customers worldwide within the manufacturing, financial services,
health care, home building, real estate, wholesale and retail
distribution industries. The company completes its offerings with a
full continuum of services that span the life cycle of technology
and software applications, including implementation, project
consulting, technical support and IT consulting. For more
information, please visit www.cdcsoftware.com.
About CDC Corporation
The CDC family of companies includes CDC Software (NASDAQ: CDCS)
focused on enterprise software applications and services, CDC
Global Services focused on IT consulting services, outsourced
application development and IT staffing, CDC Games focused on
online games, and China.com China.com, Inc. (HKGEM:8006) focused on
portals for the greater China markets. For more information about
CDC Corporation (NASDAQ: CHINA), please visit
www.cdccorporation.net.
Cautionary Note Regarding Forward-Looking Statements
This press release includes "forward-looking statements" within
the meaning of the United States Private Securities Litigation
Reform Act of 1995, including statements relating to our beliefs
about the market and competitive position of CDC Factory in the MOM
solutions space post-acquisition, our beliefs regarding the
potential benefits of this acquisition to our cross-selling
strategy, our beliefs regarding the utility of the Activplant
software to customers both alone and together with CDC Software’s
solutions, our expectations regarding the accounting treatment of
this acquisition, our expectations regarding our pursuit of SaaS
acquisitions, our beliefs regarding the expected effects and
expected benefits of the acquisition, our belief regarding the
existence and success of synergies between Activplant and CDC
Software and our ability to continue to provide solutions that help
improve efficiencies and cut costs on the plant floor, and other
statements that are not historical fact, the achievement of which
involve risks, uncertainties or assumptions. These statements are
based on management's current expectations and are subject to risks
and uncertainties and changes in circumstances. There are important
factors that could cause actual results to differ materially from
those anticipated in the forward looking statements including,
among others: the conditions of the enterprise market, the
completion of the acquisition of this acquisition on favorable
terms, if at all, and the ability of CDC Software and/or this
acquisition products to address the business requirements of the
market, demand for and market acceptance of CDC Software and/or
this acquisition technology, and the ability of CDC Software to
successfully integrate this acquisition technology into the CDC
Factory product line. Further information on risks or other factors
that could cause results to differ is detailed in our filings or
submissions with the United States Securities and Exchange
Commission, and those of our ultimate parent company, CDC
Corporation, located at www.sec.gov. All forward-looking statements
included in this press release are based upon information available
to management as of the date of the press release, and you are
cautioned not to place undue reliance on any forward looking
statements which speak only as of the date of this press release.
The company assumes no obligation to update or alter the forward
looking statements whether as a result of new information, future
events or otherwise. Historical results are not indicative of
future performance.
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