Comeback kings on acquisition trail again
Comeback kings on acquisition trail again
Enterprise Resource Planning (ERP) vendor SSA Global, which faced extinction as recently as April 2000 when it filed for bankruptcy protection, has continued its remarkable transformation into a powerhouse in its sector with the acquisition of Marcam, a provider of specialised, operational-level ERP solutions for process manufacturers, from Invensys, for an undisclosed sum.
The acquisition of Marcam takes the total number of acquisitions made by SSA Global since it was rescued by a group of investors shortly after filing for Chapter 11 bankruptcy protection four years ago to nine companies.
"With more than 40 years of cumulative experience, the acquisition of Marcam is a significant milestone for our combined process manufacturing customers and prospects," said Mike Greenough, president, chairman and CEO of SSA Global. "This transaction also further solidifies our position in the process manufacturing sector and underscores the commitment to deliver extended solutions that increase the value of existing technology investments."
Marcam's process manufacturing solutions further SSA Global's reach in the food, beverage, pharmaceutical and chemical industries.
Marcam's enterprise solutions streamline plant and process oriented supply chain operations. SSA Global say the combination of its technology with Marcam's will deliver process manufacturing customers greater operational visibility and the ability to optimise financial operations, inventory management, order management, purchasing and additional critical business processes.
As a consequence of the deal, Marcam customers will benefit from the same service and support afforded to current SSA Global customers. SSA Global will also offer Marcam customers its extended enterprise solutions.
A profile of SSA Global can be found in the May/June issue of IDM magazine. To subscribe to IDM, click here.
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