Made2Manage Systems

From Wikipedia, the free encyclopedia

This article may require cleanup to meet Wikipedia's quality standards.
Please discuss this issue on the talk page or replace this tag with a more specific message.
This article has been tagged since August 2006.
Made2Manage Systems, Inc.
Image:Made2Manage Logo.gif
Type Private
Founded 1986
Headquarters Indianapolis, Indiana
Key people Jeff Tognoni (CEO)
Industry Computer software
Products ERP, SCM, CRM, BI, & EDI
Website www.Made2Manage.com

Made2Manage Systems markets a range of enterprise software products targeted at small to mid-sized companies. These services include Enterprise Resource Planning (ERP), Supply Chain Management (SCM), Customer Relationship Management (CRM), Business Intelligence (BI) and Business Collaboration (EDI) software for plastics, metals, electronics and industrial machinery equipment manufacturers. It is headquartered in Indianapolis, Indiana and was founded in 1986. In 2003, it was purchased by Battery Ventures, a holding company, for approximately $30 million, and taken private.[1] Since then it has gone on an "acquisition spree",[2] acquiring a variety of private and public ERP companies.

Contents

[edit] Operating units

[edit] Onyx Software Corporation

Onyx Software Corporation is a producer of customer process management software and solutions for enterprise organizations. Onyx focuses on dynamic software that allows organizations to automate customer interaction processes. Onyx provides customer management, process management, and performance management (analytics) capabilities.

Onyx has more than 1300 customers in a variety of industries.

Onyx was formerly a public company listed on NASDAQ. On August 1, 2006, Onyx shareholders approved[3] an earlier agreement[4] to be acquired by Made2Manage Systems. The acquisition has resulted in a large reduction in force of Onyx employees. [5]

This transaction came despite a hostile offer[6] by CDC Software (a unit of CDC Corporation) to buy Onyx. CDC claimed this offer to be "superior" to the Made2Manage Systems offer, and criticized the breakup fee attached to that offer. Onyx issued a statement[7], calling CDC's offer "vague," "disingenuous" and "unpredictable". CDC then launched a cash tender offer[8] to purchase all of the outstanding shares of common stock of Onyx directly from shareholders, but subsequently withdrew this offer.[9]

[edit] Other operating units

AXIS Computer Systems Inc. is an ERP provider to manufacturers within the metals, wire and cable industries, based in Marlborough, Massachusetts.[10]

Cimnet Systems is an ERP provider specializing in electronics and printed circuit board manufacturers.[11]. It operates in Europe, India and Asia, including three locations in China.[12]

DTR Plastics Solutions is an ERP provider specializing in plastics processors.[13]

Encompix is an ERP provider specializing in engineer-to-order manufacturing.[14]

Intuitive Manufacturing Systems is an ERP provider for discrete manufacturing companies, including the aerospace and defense industries. [2] As of 2005, it had approximately 600 customers and $12 million in revenue. [15]

[edit] See also

[edit] External links

[edit] References

  1. ^ Made2Manage Systems, Inc. Company Profile. Yahoo! Finance. Retrieved on August 17, 2006.
  2. ^ a b R "Ray" Wang (2006-07-20). Made2Manage Acquires Intuitive. Forrester Research. Retrieved on August 16, 2006.
  3. ^ Onyx Software Shareholders Approve Merger With M2M Holdings (2006-08-01). Retrieved on August 1, 2006.
  4. ^ Onyx Software Signs Definitive Agreement To Be Acquired By M2M Holdings. Onyx Software Corporation (2006-06-06). Retrieved on June 16, 2006.
  5. ^ Kristi Heim (2006-08-22). Big layoffs follow sale of Onyx. The Seattle Times. Retrieved on August 23, 2006.
  6. ^ CDC Software Proposes Increased Offer to the Shareholders of Onyx. Retrieved on July 1, 2006.
  7. ^ Onyx rebuffs CDC's latest offer. Retrieved on July 1, 2006.
  8. ^ Market Report--In Play (ONXS). Retrieved on July 1, 2006.
  9. ^ CDC Withdraws Buyout Offer for Onyx (2006-07-25). Retrieved on August 1, 2006.
  10. ^ Made2Manage Systems Inc. Acquires AXIS Computer Systems Inc. (2006-02-14). Retrieved on August 15, 2006.
  11. ^ Cimnet Systems. Retrieved on August 15, 2006.
  12. ^ Made2Manage Systems Completes Acquisition of Capri Corp. (2005-12-09). Retrieved on August 15, 2006.
  13. ^ Made2Manage Systems Acquires DTR Software International (2004-08-04). Retrieved on August 15, 2006.
  14. ^ Encompix. Retrieved on August 15, 2006.
  15. ^ Alan Arper (2006-07-14). Made2Manage Acquisition Binge Continues with Intuitive Takeover. Managing Automation. Retrieved on August 16, 2006.
Retrieved from "http://en.wikipedia.org../../../m/a/d/Made2Manage_Systems_39b9.html"