IBM and TFG Ink Deal on ERP Software.CUMMING, Ga.--(BUSINESS WIRE)--Dec. 9, 1999-- The Fredrick Group (TFG TFG Transitional Federal Government TFG Tactical Fighter Group (USAF) TFG Taken for Granted TFG Timber Framers Guild TFG Technologie–Fonds GmbH (German, now TFG Venture Capital) TFG The Fall Guy ), Inc. today announced that it has agreed to acquire the intellectual property rights to certain manufacturing software The following list of software modules are the manufacturing components of Baan's ERP (BaanERP) system, acquired by SSA Global in 2003 and subsequently by Infor at the end of 2006. It is listed here because it provides a comprehensive overview of the required software. See MES. products, including COPICS COPICS Communications Oriented Production & Inventory Control System COPICS Contact Persons for Internal Control Standards COPICS Communications Oriented Production Information and Control System , from IBM (International Business Machines Corporation, Armonk, NY, www.ibm.com) The world's largest computer company. IBM's product lines include the S/390 mainframes (zSeries), AS/400 midrange business systems (iSeries), RS/6000 workstations and servers (pSeries), Intel-based servers (xSeries) . In addition, TFG will assume worldwide service and support for the installed base of customers currently running these products. Upon completion of the acquisition, TFG immediately becomes a top tier ERP (Enterprise Resource Planning) An integrated information system that serves all departments within an enterprise. Evolving out of the manufacturing industry, ERP implies the use of packaged software rather than proprietary software written by or for one customer. provider based on the number of installed seats. Financial terms were not disclosed. Through this acquisition, TFG will significantly broaden its reach into the market, enabling a "best of breed" approach, incorporating parts of the newly acquired code with the many enhancements and derivative works already developed by the company. The large installed base of existing customers gain the additional benefit of seamless data migration when upgrading to the new suite. "By integrating a Java based presentation and e-commerce applications with the proven business logic of the core code, we are able to deliver a scalable solution that meets today's business requirements for a fraction of the cost and time," said TFG president Fran Whitehead. "Whether it's 10 seats or 10,000, the TFG3000 suite is designed to run on a variety of platforms and operating systems." Although TFG and IBM have had a license agreement in place for over two years, the decision to move to an acquisition was prompted by the emergence of the ASP model. According to Mike Shields, VP of Business Development for TFG, "The use of Application Service Providers to deliver ERP solutions has changed the game for everyone. Our web enabled interface and robust e-business solutions are a natural fit for this environment. In addition, we have developed and integrated almost as much code as we are acquiring. It just makes sense to bring it all together." The Fredrick Group, Inc. based in Cumming, GA, is a leading provider of support, services, and development for manufacturing enterprise resource planning See ERP. (application, business) Enterprise Resource Planning - (ERP) Any software system designed to support and automate the business processes of medium and large businesses. (ERP) software. Founded in 1995, TFG is a privately held company privately held company A firm whose shares are held within a relatively small circle of owners and are not traded publicly. with customers headquartered throughout the world, including numerous Fortune 500 companies. For more information, visit the company's website at www.fredrickgroup.com. |
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