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Article: CDC Software Signs Binding Term Sheet to Acquire a Business Intelligence Solutions Provider for Manufacturing.
- Article from:
- Business Wire
- Article date:
- October 5, 2009
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Latest Planned Acquisition Is Expected to Expand Market Share for CDC Software Solutions in Food & Beverage, CPG and Automotive Markets
SHANGHAI & ATLANTA -- CDC Software Corporation (NASDAQ: CDCS), a global provider of enterprise software applications and services, today announced it has signed a binding term sheet to acquire a provider of business intelligence solutions for manufacturing that it believes will help expand the market share of CDC Software solutions in the Tier 1 food and beverage, consumer packaged goods (CPG) and automotive markets. Terms call for an all cash transaction.
In the event this transaction is completed, the acquisition is ...