"We needed a strong M&A team. A team that not only understood software; but had the experience to inspire the right players, and (most importantly) a team we trusted to negotiate the right deal. We hit on all cylinders with Corum."

Charles Myers
Financialware

Q3 2008 Enterprise Resource Planning (ERP) Transactions

Exact Software acquires Interactive Technology's InterConnect Solution

Exact Software (Netherlands), provider of business software solutions, has acquired key technology that allows organizations to have a single interface for critical operations in their business, unifying Exact Synergy with their existing Exact ERP systems. The InterConnect solution, developed and marketed by Interactive Technology, brings real-time views of ERP information directly to the user. Specific functionality includes sales quoting and funnel visibility, as well as live access to Order Entry pivot analysis, inventory traces, manufacturing views, and purchasing reports.

Announcement Date: September 18, 2008
Deal Value: Undisclosed

SAS acquires IDeaS

SAS has acquired IDeaS Revenue Optimization, provider of advanced revenue-management software for the hospitality industry. IDeaS delivers solutions via software as a service. This acquisition further establishes SAS as a leader in this area by complementing SAS’ retail revenue optimization suite, which is currently deployed by a number of global retailers such as Hudson’s Bay Company of Canada and Kohl’s Department Stores. SAS gains a robust application portfolio and technology foundation for extending IDeaS’ price and revenue optimization to other industries. SAS solutions will leverage these revenue- and price-optimization capabilities to help organizations gain deeper insights into their customers and operations to maximize profitability. IDeaS is extremely successful in the hospitality industry, and its highly regarded application base is capable of much more according to SAS. SAS will build on that for other industries.

Announcement Date: August 4, 2008
Deal Value: Undisclosed

Totvs to acquire Datsul

Brazilian business software company Totvs SA is acquiring peer company, Datsul SA. According to Totvs, the merged company will have 38% of the Brazilian domestic market for ERP management systems, based on the number of companies cited by the Industrial Development Council, while the Getulio Vargas Foundation (FGV) says 40%. Either way, it will enter the ranks of the ten biggest companies in the world in business management software, with a 17.5% market share in Latin America, edging aside Oracle in ninth place, according to Gartner’s ranking. With the union, there will be 21,000 clients, 270 channels and 9,000 technicians involved in the operation. Considering the past year through March, the merger represents gross revenues of R$778 million (US$493.2 million) and EBITDA of R$155 million (US$98.3 million).

Announcement Date: July 22, 2008
Deal Value: $440 Million (Cash and stock)

SAP AG acquires division from Ness Technologies

SAP AG has acquired the SAP sales and distribution division from Ness Technologies' Israeli division to enhance the partnership between the two companies. SAP will acquire selected assets related to the distribution, support and maintenance of SAP technology and solutions.

Announcement Date: July 10, 2008
Deal Value: Undisclosed