CDC Software acquires WKD Solutions.Worldwide Computer Products News-10 September 2009-CDC Software acquires WKD Solutions(C)1995-2009 M2 COMMUNICATIONS http://www.m2.com Enterprise software applications provider CDC See Control Data, century date change and Back Orifice. CDC - Control Data Corporation Software Corporation (Nasdaq:CDCS) announced on Thursday it has completed the acquisition of WKD Solutions Ltd, a UK-based provider of supply chain event management and business activity monitoring See BAM. (BAM Bam (bäm), town (1996 pop. 70,100), Kerman prov., SE Iran, on the intermittent Bam River. Located on the western edge of the Dasht-e Lut, Bam is a trade center in a henna-growing region. Dates and other fruits are also grown; camels are raised. ) solutions. The financial terms of the acquisition were not revealed. The company, marketed under the brand name Categoric, provides real time information about the status and results of various operations, helps predict issues before they arise and alerts users on exceptions or problems. The solution also includes Sarbanes-Oxley auditing and compliance capabilities. According to the company, the acquisition fits into CDC Software's strategy to address a market called Complex Event Processing Complex Event Processing, or CEP, is a technology for building and managing event-driven information systems. CEP is primarily an event processing concept that deals with the task of processing multiple events from an event cloud with the goal of identifying the meaningful (CEP) with products that offer functionality in supply chain event management, security, advanced business intelligence and fraud detection handling. Under an OEM agreement, Categoric's supply chain event management technology has been used in CDC Supply Chain product line. With the acquisition, it will be integrated into the CDC Supply Chain product line. Future releases of the chain event management solutions will be developed at CDC Software's Nanjing product engineering centre, the company said. ((Comments on this story may be sent to info@m2.com)) |
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