CDC Software, a wholly owned subsidiary of CDC Corporation (CHINA), has acquired MVI Technology, a provider of Real-Time Performance Management (RPM) solutions and services specialized for the unique requirements of the food and beverage, pharmaceuticals and chemicals industries.

The acquisition of MVI expands CDC Software's customer-base in strategic industries and broadens the company's overall offerings with, what CDC says, highly complementary applications and services that are proven in the mid-market and with larger, tier-1 companies. The acquisition is structured with a 3-year earn-out for the MVI management team which will remain with CDC Software.

The MVI system is one of the first RPM solution specifically designed for food and beverage and consumer products industries. This innovative solution enables manufacturers to merge automated shop floor data, quality process control and manufacturing performance dashboards as part of improved visibility and continuous improvement campaigns supported by a Six Sigma process.

"We are very proud of the unique, innovative solutions we've created for process manufacturers and the value our customers have measured," said Mark Sutcliffe, CEO of MVI. "The synergy of this acquisition is compelling because it addresses the major critical areas of process manufacturing. We are excited about the opportunity to join a global company that is such a major player in the enterprise software markets. I'm confident that our combined solutions will create one of the most cost-effective and comprehensive alternatives for our target industries."

Related Links:

• http://www.miit.gov.cn

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