Hummingbird Accelerates Integration of Acquired PC DOCS Group
TORONTO, Aug. 4 /CNW/ - As part of its drive to lead in the Enterprise
Information Portal (``EIP') market, Hummingbird Communications Ltd. (TSE:
``HUM' and NASDAQ: ``HUMC') today disclosed it has completed a
reorganization and several management changes in recently acquired PC DOCS
Group.
``We committed to our customers, investors, partners and employees that we
would deliver synergies quickly,' said Fred Sorkin, Hummingbird's Chairman and
CEO. ``We have made some significant changes to our organization in this first
phase of integration. We are moving forward very aggressively to grow revenues
profitably.'
In the first phase of integration Hummingbird has structured three
business units: Knowledge Portals, Decision Portals and Connectivity
Solutions.
The Knowledge Portals unit includes all PC DOCS companies worldwide and
will be led by Fabrizio Mignini, formerly executive VP worldwide sales, PC
DOCS/Fulcrum. The Decision Portals division includes the Business Intelligence
line of products and the former Leonard's Logic, maker of the world-leading
Genio data transformation engine, recently acquired by Hummingbird. David
Young, who recently joined Hummingbird from Cognos, will lead this unit. The
Connectivity Solutions business will continue under the leadership of Julius
da Costa.
``I believe our new management team is one of the most vigorous and
skilled in the enterprise software sector,' said Jim Tobin, president of
Hummingbird. ``This reorganization around our key strengths reflects our
unique strategy to provide a true Enterprise Information Portal. The power of
our EIP vision is that we will bring together all enterprise and e-business
information, whatever its source. We can get you all the information you need
in the right context so you can make faster, better business decisions. We
believe that this new organizational approach will offer our customers,
whichever area of our business they currently know, with compelling reasons to
adopt our new Enterprise Information Portal.'
To bring the various technologies together, R&D has been centralized
under Hummingbird co-founder and executive vice president, Barry Litwin, with
Fulcrum's Gwyn Fisher as Vice President Portal R&D and Fred Whiteside, a
Hummingbird veteran taking over Document Management and Workflow R&D.
In keeping with the simplification of Hummingbird's management structure,
several senior executives from PC DOCS will be leaving the company. PC DOCS
Group CEO and founder Rubin Osten, Chief Financial Officer Dennis Moir, VP
Human Resources Jon Hamovitch, PC DOCS/Fulcrum President Craig Wallace, and PC
DOCS Canada President Lynn Kauffman will be leaving, but will perform specific
advisory roles through a transition period. Scott Kadlec, a founding president
of PC DOCS Inc., will be leaving to pursue other interests. Other PC DOCS
senior managers and staff will be departing through further rationalization to
be completed by September.
``We thank these former PC DOCS executives for their contributions to
expanding the business and helping us to integrate the two companies,' said
Fred Sorkin. ``In particular, we congratulate Ruby and his team for their
stewardship of PC DOCS' considerable growth. Now, Jim Tobin and his new team
begin the exciting task of completing the integration and executing our
aggressive EIP strategy. The new Hummingbird's expertise and market leadership
in its current businesses gives us a solid foundation to build on.' |
