Tuesday, April 5, 2011

Distributor Business Systems to Merge

In a move that will surely affect wholesale distribution, two of the major players in the business system software industry will be merged under a new investor group.

For the past several years, there has been a great deal of chatter amongst distributors based on their software providers apparent need to generate additional revenues. There is a shift in the model being used to sell distributors. It might be justified and it might be reasonable, but sometimes the way it is done seems heavy handed to some wholesalers.

Here is the press clip from ZDnet:

Private equity firm buys Epicor, Activant
Jason Ng, ZDNet Asia on April 5th, 2011 (3 hours 6 minutes ago)

A private equity firm has acquired Epicor Software and Activant Solutions, with plans to merge the two software companies into one of the world's largest enterprise application vendors.

In a statement Monday, Apax Partners said the two acquisitions have a combined value of US$2 billion. The merged entity is expected to become one of the biggest global providers of enterprise applications focused on the manufacturing, distribution, services and retail sectors--with over 30,000 customers and US$825 million in annual revenues. It will be named Epicor Software Corporation and become a privately held company.
Read the whole thing here:
URL:http://www.zdnetasia.com/private-equity-firm-buys-epicor-activant-62208234.htm

1 comment:

Pragalya Suresh said...

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