QueBIT Consulting acquires Creeth Richman & Associates
Creeth Richman and QueBIT are Platinum Partners of Cognos, an IBM Company. Creeth Richman specializes in the Cognos TM1 platform delivering world class solutions to a wide variety of clients which include many in the Fortune 500. Creeth Richman’s team is recognized as one of the foremost group of experts in the world of TM1. The combination of QueBIT and Creeth Richman represents an organization ideally positioned to deliver complete Financial Performance Management and Business Intelligence solutions. According to the parties involved, the acquisition of Creeth Richman is part of a wider goal to help companies navigate through the difficulties that are being presented by the current global recession. If there was ever a time to invest in financial performance management and business intelligence software to gain a competitive edge, that time is right now.
Announcement Date: December 8, 2008
Deal Value: Undisclosed
Lefebvre Software acquires ASGROUPE
Lefebvre Software, software solutions author and integrator, announces the acquisition of ASGROUPE, a European author of Business Intelligence solutions focused on the areas of consolidation and reporting. This acquisition, which is part of the strategy for external growth and increased accessibility to Europe initiated by Lefebvre Software nearly two years ago, will enable it to position itself as a new player in the European market for financial management systems. This acquisition is a strategic and decisive step for Lefebvre Software, which continues the pursuit of its targets for growth at a European level.
Announcement Date: November 18, 2008
Deal Value: Undisclosed
Acxiom acquires Quinetix
Acxiom Corporation, a provider of interactive marketing services, acquired Quinetix, LLC, provider of analytics and predictive modeling for large and medium-size businesses in retail banking and other industries. The acquisition gives Acxiom additional consumer insight capabilities that enable clients to more effectively retain and grow their customer base and optimize pricing. Acxiom and Quinetix have partnered for more than five years to jointly serve clients in industries ranging from multi-channel retail banking to hospitality to media.
Announcement Date: November 18, 2008
Deal Value: Undisclosed
FRSGlobal acquires SECAM+
FRSGlobal, a provider of risk and regulatory compliance solutions, with coverage for over 30 countries on a unified platform, has acquired the regulatory reporting specialist Business Objects SECAM+, from Business Objects, an SAP company. FRSGlobal provides solutions across the retail, corporate and securities sectors, which complements the specialized capabilities of SECAM+ in regulatory reporting for the UK securities industry. The SECAM+ solution enables UK-based investment firms to meet regulatory reporting demands of the Basel Capital Accord, as stipulated by the Financial Services Authority. The acquisition strengthens FRSGlobal's strategic relationship with SAP, offering FinancialAnalytics as a core part of the SAP BankAnalyzer global solution. FRSGlobal FinancialAnalytics is an SAP-endorsed business solution and complementary to the SAP Bank Analyzer set of applications for finance and risk management and the SAP NetWeaver Business Intelligence (SAP NetWeaver BI) component. The deal is supported by The Carlyle Group and Kennet Partners, the private equity investors in FRSGlobal.
Announcement Date: November 10, 2008
Deal Value: Undisclosed
Temenos acquires Lydian Associates
Temenos, a provider of integrated core banking systems based in Switzerland, is acquiring Lydian Associates Limited, a UK-based provider of Business Intelligence (BI) software for the banking sector. Lydian Associates Ltd, formed in 1998, sells a range of products under the Webform brand that, by affording multi-dimensional analysis of a bank’s data, permit better-informed management decisions. The products give users the ability to produce desktop reports, graphics and dashboards - defined according to any specified parameters or Key Performance Indicators (KPIs) - that are invaluable in assessing performance, profitability and liquidity. The provision of high-quality, real-time information for decision making is clearly an area of strategic importance for banks and has been made even more so by the recent banking crisis.
Announcement Date: November 3, 2008
Deal Value: Undisclosed
Idhasoft acquires Westbay Solutions
Idhasoft, Inc. (India) has acquired Westbay Solutions Group to round out their SAP "All-in-One Solutions”. Westbay Solutions Group is a GOLD SAP Business Objects Partner with 15 years experience in delivering Business Intelligence Solutions. Idhasoft will leverage Westbay's Business Intelligence expertise to develop "out of the box" industry Business Intelligence across their vertical solutions.
The acquisition of Westbay is very strategic for Idhasoft. The combination of its SAP All-in-one solutions with industry pre-defined Business Intelligence will drive significantly more value to its customers, according to Idhasoft.
Announcement Date: November 3, 2008
Deal Value: Undisclosed
QuestBack acquires Easyresearch
QuestBack AS (Norway), an industry leader in Enterprise Feedback Management (EFM), announced its acquisition of Easyresearch AB (Sweden). Easyresearch is a market leader in Sweden with questionnaire and analysis tools for handling of feedback and surveys. QuestBack has had an average turnover growth the last five years of more than 50% and has a customer base of over 2,000 organizations and a presence in 19 countries. The combined company will have even more resources to put at the disposition of customers and, based on QuestBack’s existing model, a dedicated team will continue to deliver support, quality assurance, workshops and courses to all existing customers. According to QuestBack’s CEO, QuestBack and Easyresearch have ambitious expansion plans based on the increased demand for EFM solutions.
Announcement Date: October 30, 2008
Deal Value: Undisclosed
GrapeCity acquires Data Dynamics
GrapeCity, an international software development firm, is acquiring Data Dynamics, Ltd., a developer of award-winning data analysis and reporting software components. GrapeCity, which has localized, sold, and supported Data Dynamics products in the highly competitive Japanese market for more than a decade, will continue to develop and support Data Dynamics products worldwide, including the upcoming release of ActiveReports in the first quarter of 2009. Data Dynamics’ ActiveReports tool is the number one reporting tool used by Visual Studio developers in Japan.
Announcement Date: October 20, 2008
Deal Value: Undisclosed