In an announcement following by barely 3 weeks the disclosure that Lawson Software had received an unsolicited bid from Infor Global Solutions, private equity firm Apax Partners has announced plans to acquire and merge Activant Solutions and Epicor Software into a new privately-held company, to be called Epicor Software. The new entity will have some 30,000 customers and $825M in revenues. This clearly indicates continuing interest by the investment community in the lucrative ERP marketplace, and an opportunity for larger players in the marketplace other than the two giants, SAP and Oracle.
There were several pieces of interesting news this week in the Business Intelligence world:
- Tableau seemed to take some delight in announcing their revenues for 2010, and claiming that their growth rate outpaced that of a close competitor
- SAP announced some renaming of its BusinessObjects solutions.
- IBM announced release of Cognos Express v9.5.
SMB Research listened in closely to IBM this past week on their announcement of IBM’s Cognos Express v9.5.