CDC Corporation's (CHINA) subsidiary CDC Software says it plans to acquire U.S.-based Catalyst International, a provider of supply chain execution solutions and services.
According to the company, Catalyst's software solutions and services are highly complementary to CDC Software's IMI Supply Chain product line and the company's CDC Global Services operations. The IMI suite of supply chain solutions supports demand-driven fulfillment in multi-company, multi-site and multi-channel environments. After completion of the acquisition, the Catalyst SAP practice business segment is expected to be merged into CDC Global Services, which provides consulting and outsourcing services across a variety of technologies and industries.
"This acquisition will expand our global supply chain offerings and base of blue-chip customers, and at the same time, strengthen our CDC Global Services offerings by adding significant expertise and resources in large-scale supply chain execution," said Eric Musser, CEO of CDC Software. "We are also excited about the advanced architecture of CatalystConnect, an event-driven, rules-based workflow platform that will serve as an integration backbone in the future for CDC Software's applications. The Catalyst International SAP logistics consulting practice will extend our strategy of building services practices across key areas of the ERP application space. We look forward to a continuing strong relationship with companies such as SAP."
CDC Software currently anticipates that the transaction will be completed by the end of September 2007.
"CDC Software will bring the depth of its global resources focused on technology innovation, application development, and professional services, as well as sales, marketing and customer service," said Michael Eleftheriou, president and CEO of Catalyst International. "They also bring a track record of investments in acquired products and extremely high levels of customer satisfaction. This big step in our evolution will be very beneficial to Catalyst and our customers."
