Uh-oh ... looks like CA is getting serious about the CRM market.
ACCPAC Acquires eWare
Friday December 20, 9:16 am ET
PLEASANTON, Calif., Dec. 20 /PRNewswire-FirstCall/ -- ACCPAC International, Inc., a subsidiary of Computer Associates International, Inc. (NYSE: CA - News), announced today that it has acquired eWare Limited of Dublin, Ireland. eWare is a developer of customer relationship management (CRM) software. A private label version of the eWare software, ACCPAC eCRM(TM), has been actively marketed by ACCPAC for the past 18 months under an OEM agreement with eWare. The product will continue to be marketed as ACCPAC eCRM. Ivan MacDonald, eWare President and CEO, Greg Casey, eWare Executive Vice President, and Alan Wyley, eWare Executive Vice President and COO, together with the entire eWare staff, are joining ACCPAC.
biz.yahoo.com
Not only that, but they're raising money to support their efforts:
ACCPAC Files Registration Statement for Initial Public Offering
Wednesday December 18, 6:32 pm ET
PLEASANTON, Calif., Dec. 18 /PRNewswire-FirstCall/ -- ACCPAC International, Inc., a subsidiary of Computer Associates International, Inc. (NYSE: CA - News), announced today that it has filed a registration statement with the U.S. Securities and Exchange Commission (SEC) relating to a proposed initial public offering of common stock. All of the shares are being offered by ACCPAC International, Inc. The offering will be managed by RBC Capital Markets, SoundView Technology Group and Adams, Harkness & Hill, Inc.
ACCPAC provides a broad range of end-to-end business management applications designed for small and mid-size businesses. Available applications include accounting, customer relationship management, human resource management, manufacturing, warehouse management and e-commerce.
biz.yahoo.com
If CA decides to infiltrate the CRM market, smaller competitors better watch their back.
Regards,
TED |
