Acquisition of Xopus
June 30 2010 - 2:00AM
UK Regulatory
TIDMSDL
RNS Number : 4615O
SDL PLC
30 June 2010
30 June 2010
SDL plc
Acquisition of Xopus, leading online XML editor
SDL plc, the leading provider of Global Information Management solutions, today
announces the completion of the acquisition of Xopus B.V. based in the
Netherlands. Xopus is a leader in online XML editing, an editing environment
that is increasingly adopted by authors of technical documents. Xopus B.V. is
being acquired for an initial consideration of EUR1.6m on a debt free basis, with
the transaction also subject to an 'earn out' capped at a maximum of an
additional EUR2.0m consideration depending on revenue and profit before taxation
performance for the period ending 30th June 2011. The consideration will be met
from existing cash resources. The acquisition is expected to be earnings neutral
in the full year to 31 December 2010.
The acquisition addresses the growing trend of structured authoring by technical
writers. Founded in 2001 in The Hague, Netherlands, Xopus has emerged as the
leading provider of a simple, user-friendly online XML editor by making XML
topic based authoring and editing easy to work in.
Accessed through a Web browser, Xopus provides the flexibility, ease-of-use, and
interactivity of a Wiki (a collaborative web environment), while still
leveraging the benefits of structured content. Xopus will initially be
integrated with SDL's Structured Content Technology, SDL Trisoft(TM). The
integration will significantly improve content review processes by subject
matter experts and content development by non-technical writers, while making
content accessible to a corporation's customers or "crowd" for comment,
collaboration and contribution.
"Our structured content technologies already drive proven efficiency gains for
a wide range of global customers," said Mark Lancaster, Group CEO of SDL. "Xopus
removes one of the most difficult barriers to XML adoption: the complexity of
authoring and reviewing in XML. We plan to integrate Xopus with our suite of
structured content technologies as well as the larger SDL Global Information
Management product suite."
"Xopus realises significant business benefits by becoming part of SDL," said
Laurens van den Oever, CEO of Xopus. "We gain a powerful worldwide sales channel
and support infrastructure, as well as becoming part of a much broader suite of
technologies that enhances the value of our product and offers an end-to-end
solution."
For more information on Xopus and how it fits into SDL's GIM strategy, please
visit our website on www.sdl.com/en/xml/xopus.
-ends-
Contacts:
+-----------------------------------------+---------------------+
| SDL plc | Tel: 01628 410 127 |
+-----------------------------------------+---------------------+
| Mark Lancaster, Chief Executive | |
+-----------------------------------------+---------------------+
| John Hunter, Chief Financial Officer | |
+-----------------------------------------+---------------------+
| | |
+-----------------------------------------+---------------------+
| Financial Dynamics | Tel: 020 7831 3113 |
+-----------------------------------------+---------------------+
| Juliet Clarke/Haya Herbert-Burns/Ed | |
| Bridges | |
+-----------------------------------------+---------------------+
About SDL
SDL is the leader in Global Information Management solutions, which provide
increased business agility to enterprises by accelerating the delivery of
high-quality multilingual content to global markets. The company's integrated
Web Content Management, eCommerce, Structured Content and Language Technologies,
combined with its Language Services drive down the cost of content creation,
management, translation and publishing. SDL solutions increase conversion ratios
and customer satisfaction through targeted information that reaches multiple
audiences around the world through different channels.
Global industry leaders who rely on SDL include ABN-Amro, Bosch, Canon, CNH,
FICO, Hewlett-Packard, KLM, Microsoft, NetApp, Philips, SAP, Sony and Virgin
Atlantic. SDL has over 1500 enterprise customers, has deployed over 170,000
software licenses and provides access to on-demand portals for 10 million
customers per month. It has a global infrastructure of more than 50 offices in
34 countries. For more information, visit www.sdl.com.
About SDL Structured Content Technologies
SDL's Structured Content Technologies division is the worldwide leader in
Component Content Management and Dynamic Publishing software. Leveraging XML
standards such as DITA and S1000D, the division's suite of products empower
global companies to efficiently create, share, manage and publish both technical
and other types of business information that is up to date and tailored to the
interests of their global customers.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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