| Type | Naamloze vennootschap (Euronext: UNIT4) |
|---|---|
| Industry | Information technology, software |
| Founded | 1980 |
| Headquarters | Sliedrecht, The Netherlands |
| Key people | Chris Ouwinga (CEO)[1], Philip Houben (Chairman of the supervisory board)[2] |
| Products | ERP and accounting software |
| Revenue | €421.7 million (2010)[3] |
| Operating income | €40.1 million (2010)[3] |
| Profit | €23.4 million (2010)[3] |
| Total assets | €568.9 million (end 2010)[3] |
| Total equity | €227.0 million (end 2010)[3] |
| Employees | 4,200 (FTE, end 2010)[3] |
| Website | www.unit4.com |
Unit4 N.V. is a Dutch software company that provides enterprise software applications and related professional services, in order to support businesses and organizations of all sizes, globally. Headquartered in Sliedrecht, the Netherlands, it has subsidiaries and offices in 24 countries across Europe, North America, the Asia-Pacific region and Africa and it works with local partners to complete its global coverage.[4] The company has been ranked by IDC as a top-six mid-market ERP software player globally.[5] Unit4 is listed on Euronext Amsterdam[6] and is included in the Amsterdam Midkap Index (AMX). The company’s best-known products are the Agresso Business World ERP suite and the Coda Financials accounting software. It is also the major shareholder of FinancialForce.com,[7] the Cloud Applications company based in San Mateo, California.
Contents |
The company was founded, as Unit Four International, in 1980,[4] with the (then) quite novel aim of developing platform-independent, standard application software, to offer useful tools and functions that could be used by any employee and that would be based around the business processes of the customer – instead of requiring new or adapted business processes, dictated by the design of the software.
The company’s initial geographic focus was on the Benelux region but following a period of accelerating growth in the 1990s and its public listing on the Amsterdam Stock Exchange in 1998,[4] it embarked on a strategy of expansion. Early acquisitions included companies such as Acoso, Omegon, X-Logic and Digis.[4]
In 2000, Unit4 merged with the Norwegian ERP software house Agresso Group ASA[8] and the company name was changed to Unit4Agresso. In 2008, it purchased the UK-listed accounting software company, CODA.[9] In 2010 it bought Polish software company Teta.[10]. In August 2011 it expanded its Asia-Pacific operations further with the acquisition of HR Software provider PROSOFT.[10]
In 2010, Unit4Agresso rebranded, changing its main company name to Unit4 and rebranding its subsidiary operations around the world to incorporate the Unit4 name – for example: Unit4 Business Software Limited (in the UK), Unit4 Agresso AS (in Norway), Unit4 Coda, Inc. (in North America) and Unit4 Business Software, Inc (also in North America).[11] Nowadays, Unit4 has subsidiaries and offices in 24 countries across Europe, North-America, Asia-Pacific and Africa, as well as sales activities in several other countries.
Unit4 develops, sells and supports a range of business software titles.
A number of its products are long-established brands and available worldwide, such as the Agresso[12] Business World ERP suite and the Coda Financials[13] financial management software. In addition, the company offers other software solutions of various types, which are available from one or more of its subsidiaries, depending on each product’s relevance and suitability for use in a given country.
|
|||||