Metreo and SymphonyRPM Combine to Form Symphony-Metreo.Two Leading Enterprise Software Providers Join Forces to Deliver Innovative, Customer-Focused Pricing and Performance Management Solutions to Market PALO ALTO Palo Alto, city, California Palo Alto (păl`ō ăl`tō), city (1990 pop. 55,900), Santa Clara co., W Calif.; inc. 1894. Although primarily residential, Palo Alto has aerospace, electronics, and advanced research industries. , Calif. -- Metreo Corporation, a leading enterprise pricing solution provider and SymphonyRPM, an industry leader in performance management technology and solutions, announced today that they have combined their operations. Working in partnership since February, 2006 as members of the Symphony Technology Group (STG stg abbr (= sterling) → ester ), both companies see value in combining resources and technology to deliver innovative Enterprise Pricing and Performance Management solutions to the market. The resulting company will be named Symphony-Metreo and will remain a subsidiary of the Symphony Technology Group. The merger combines the front-line strengths of Metreo, price planning, intelligence, optimization optimization Field of applied mathematics whose principles and methods are used to solve quantitative problems in disciplines including physics, biology, engineering, and economics. and execution, with SymphonyRPM's technology and expertise in forward-looking planning, forecasting, analytics and performance management. The new company will have the tools and experience to provide immediate benefits to current customers, while creating a compelling new vision for customers who are looking for Looking for In the context of general equities, this describing a buy interest in which a dealer is asked to offer stock, often involving a capital commitment. Antithesis of in touch with. an innovative technology partner to help them achieve their business objectives. "We are excited about our ability to bring innovative customer focused pricing solutions to the industry," said Jim Clayton Jim Clayton (born Sarnia, ON, 1966) is the co-leader, pianist and composer for The Clayton/Scott Group. The band won Group of the Year, 2005 and 2006 at the Canadian Smooth Jazz Awards and Best Jazz Recording, 2004 Canadian Urban Music Awards. , CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of Metreo. "Organizations are looking for pricing solutions that allow them to bridge the gap between operational planning and performance and price execution, giving them the ability to meet their financial goals and commitments. The synergies created by merging Metreo and SymphonyRPM into a significant new entity, will allow us to deliver immediate benefit to our customers." "The combination of SymphonyRPM and Metreo is completely complimentary for both companies," said Bennett Indart, vice president of products, SymphonyRPM. "Since joining STG in February of last year, Metreo has worked together with SymphonyRPM on several fronts to bring valuable solutions to market leveraging both companies experience and technology. This merger is a logical next step." About Metreo Headquartered in Palo Alto, CA, Metreo is the leading provider of comprehensive price planning, intelligence, optimization and execution solutions that demystify de·mys·ti·fy tr.v. de·mys·ti·fied, de·mys·ti·fy·ing, de·mys·ti·fies To make less mysterious; clarify: an autobiography that demystified the career of an eminent physician. and add discipline to the entire pricing process, enabling manufacturers and distributors to drive more profit to the bottom line. Customers include industry leaders such as Grainger, Honeywell, Oncology oncology /on·col·o·gy/ (ong-kol´ah-je) the sum of knowledge regarding tumors; the study of tumors. on·col·o·gy n. Therapeutics therapeutics Treatment and care to combat disease or alleviate pain or injury. Its tools include drugs, surgery, radiation therapy, mechanical devices, diet, and psychiatry. Network and Owens Corning Owens Corning Corporation is the world's largest manufacturer of fiberglass and related products. It was formed in 1935 as a partnership between two major American glassworks, Corning Glass Works and Owens-Illinois. The company was spun off as a separate entity November 1, 1938. . Metreo is a wholly-owned subsidiary of the Symphony Technology Group, a $1.2 billion strategic holding company. More information is available at http://www.metreo.com. About SymphonyRPM SymphonyRPM is the only integrated enterprise platform for enabling forward-looking performance management and predictive business analytics solutions. Through its patented next generation business application development environment, the company synchronizes operational planning and execution across the organization and accelerates time-to-market and value. Headquartered in Palo Alto, CA, SymphonyRPM is a wholly-owned subsidiary of the Symphony Technology Group, a $1.2 billion strategic holding company. For additional information, visit http://www.symphonyrpm.com. About Symphony Technology Group Symphony Technology Group (STG) is a strategic holding company that helps companies maximize operational efficiencies in the enterprise software and services market. With years of deep operational experience to draw upon, STG companies can leverage strong personal networks, vast financial and operational resources and a history of excellence to empower empower verb To encourage or provide a person with the means or information to become involved in solving his/her own problems their clients' success today and tomorrow. STG is actively engaged with each Group company, providing the strategic insight needed to achieve business performance and revenue growth through innovation. Headquartered in Palo Alto, CA, STG is a $1.2 billion strategic holding company that employs more than 7,000 employees worldwide across its companies. For more information, visit http://www.symphonytg.com. Copyright [c] 2007 Symphony Technology Group, SymphonyRPM and Metreo. All Rights Reserved. All other brand names, product names, or trademarks belong to their respective holders. |
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