"The acquisition of objects of this list in my yard, but do not be announced." A few days ago, SSA Global CTO Cory accept the "Daily Economic News" interview, said.
It is learned that the world's third largest ERP vendor - United Global Technology Co., Ltd. System Software (SSA Global), in the past four years, has acquired Infinium, Interbiz, MAX as 9. July 2003, SSA acquired Baan, the world's No. 4 became the major ERP software manufacturer. After the Oracle acquisition of PeopleSoft, SSA became third in the world. For a time, bought into various foreign software giants try to enter the Chinese market, gems.
ERP market in China, SSA is a "got up early, catch the one night set." As the first to enter the Chinese ERP market in the global software giant, SSA was at its peak once occupied 60% of China's ERP market share of 70%. However, the failure of market strategy, is SAP, Oracle and other competitors surpassed. Behind the SSA has thus been described as "ERP sleeping lion."
Only "ERP sleeping lion" when wake up?
Face of SAP, Oracle holds a powerful position; UF, gold disc mastered the high-end enterprise resources, SSA ERP to how back then dominance. Cory said: "The complete product line is the most rapid and effective acquisition strategy.".
February 2004, major websites, local media in the published "Shun-up software will be Microsoft's 20 million U.S. dollars investment," "Microsoft is investing in Fujian of China, said," Shun-Da "is still uncertain," the article; in May 2005, then came the "Oracle, SAP ERP manufacturers competing for investment in China up to Shun."
Recently, a reporter specifically call the smooth and up to headquarters about buy things along and up Product Manager Wu Long in an interview that the smooth and up to software companies after a 10 year self-management development, and created a management software industry, a new world, China management software, an independent brand. Shun-up has caused the development of the industry and the capital sector of great concern.
On the smooth and up to why not to accept Microsoft's acquisition of 20 million, and choose to operate independently. Manager Wu said the company will not accept the merger. Although the capital to promote development, and reached the same cis intervention needed capital, but the need is smooth and up to the early support, strengthen guidance nanny type, instead of swallowing-type partner.
When the reporter on SSA's "When the time comes, will acquire Chinese enterprises." Confirmation to the Manager Wu Shun-up has been included within the acquisition and the final phase of negotiations, the Manager Wu said nothing on the matter know, no comment, but any progress will be notified in the first press.
Not difficult to see, grew up a local management software brand, actually attracted several whom the software giant bow. SSA next takeover target will be? But no matter who will be a long-term acquisition strategy, the strategy may take several years before they can be proven.