SSA seeks further targets after $50m EXE purchase

3 September 2003
More news

04 September 2003 | Robin Parker

SSA Global Technologies remains on the lookout for more companies to acquire after the purchase of supply chain software vendor EXE Technologies.

The $50 million (£31.8 million) cash deal is the latest in a string of takeovers carried out by the enterprise resource planning specialist.

In recent months, it has built up a portfolio of supply chain management (SCM) and customer relationship management (CRM) software providers, including Baan, Ironside Technologies, Elevon and Infinium Software, along with InterBiz, the e-business division of Computer Associates. SSA claims the aggressive strategy has paid off by contributing to nine consecutive quarters of growth.

EXE Technologies, which specialises in warehouse and inventory management, fulfilment, collaboration and supply network execution software, has offices in the US, Europe, the Middle East, Asia and Australia. It will now become a wholly owned subsidiary of SSA.

SSA has said that acquisitions form a key part of its growth strategy. It is on the lookout for further purchases, particularly in the ERP, CRM, SCM and business intelligence fields.

Mike Greenough, president, chairman and chief executive of SSA, said the bolstered company is now "positioned to offer best-of-breed solutions that can extend the value of ERP systems and provide a lower cost of ownership for our customers".

SMsep2003

LATEST
JOBS
Swindon, Wiltshire
upto £40K base (+ Paid overtime and corporate benefits)
Honda Manufacturing Ltd
Kew gardens, Richmond upon Thames, London (Greater)
£37,000 - £42,500 per annum pro rata, depending on skills and experience
Kew Royal Botanic Gardens
SEARCH JOBS
CIPS Knowledge
Find out more with CIPS Knowledge:
  • best practice insights
  • guidance
  • tools and templates
GO TO CIPS KNOWLEDGE