United states : CDC Software Signs Deal to Acquire Software as a Service CRM Solutions Provider.Byline: Mamta03 CDC See Control Data, century date change and Back Orifice. CDC - Control Data Corporation Software Corporation, a global provider of enterprise software applications and services, reportedly has signed a binding term sheet to acquire a provider of software as a service, or SaaS (News - Alert) supply chain solutions for small and medium-size enterprises. The acquisition, expected to close in the fourth quarter, will reportedly help CDC Software (News - Alert) operate in the business-to-consumer market with an end-to-end SaaS solution that would help customers enhance their online brand presence, as well as potentially increase their online sales worldwide. CDC Software officials said that this targeted company has a long and successful track record in delivering SaaS supply chain solutions to more than 100 customers in Tier 1, 2, and 3 markets that complement CDC Software's vertical industries including financial services The examples and perspective in this article or section may not represent a worldwide view of the subject. Please [ improve this article] or discuss the issue on the talk page. , manufacturing, retail and not-for-profit. Its open platform and geographic coverage aligns synergistically syn·er·gis·tic adj. 1. Of or relating to synergy: a synergistic effect. 2. Producing or capable of producing synergy: synergistic drugs. 3. with CDC Software's technology and global infrastructure. This planned acquisition is expected to be earnings accretive and continues our strategy to acquire on-demand companies that can be rolled up into a single SaaS software solutions provider," said Bruce Cameron
The Most Reverend Bruce Cameron (born 1941) is a Scottish priest, who became Primus of the Scottish Episcopal Church on 1 November 2000. , president of CDC Software, in a statement. Cameron said that this deal would also launch the company s entry into the B2C (Business to Consumer) Refers to a business communicating with or selling to an individual rather than a company. See B2B. market and the company believes it would open up potential opportunities for the CDC supply chain and front office solutions as an extension to this powerful and innovative online platform. Recently CDC Software announced that it has signed a binding term sheet to acquire a provider of software as a service solutions for the nonprofit A corporation or an association that conducts business for the benefit of the general public without shareholders and without a profit motive. Nonprofits are also called not-for-profit corporations. Nonprofit corporations are created according to state law. market, a move that launches its SaaS acquisition strategy and increases its market expansion in this new vertical. This transaction launches CDC Software's plans to acquire on demand companies that can be rolled up into one formidable SaaS software solutions provider complementing its on-premise solutions in similar vertical industries, such as NFP NFP Not for Profit NFP Natural Family Planning (contraception) NFP National Focal Point NFP National Financial Partners Corp. NFP Nurse Family Partnership (Denver, CO) . Copyright : Euclid Infotech Pvt. Ltd. Provided by Syndigate.info an Albawaba.com company |
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