Newly Merged Lawson to Focus on Simplifying Use of ERP Applications
Lawson Software has announced its merger with Intentia International and joint companies will operate as Lawson Software. Lawson said the merger will simplify the process of developing, deploying, maintaining and using ERP applications.
Lawson said it will deliver a broad portfolio of enterprise applications in 20 languages to more than 4,000 customers in more than 40 countries.
The merger was valued at USD 607 million and the combined revenue for the companies are about USD 750 million.
Lawson President and CEO Harry Debes said, "The market wants choice, and we expect to establish ourselves as the preferred ERP provider for companies that want to streamline business processes and run their operations more effectively. Just as importantly, we intend to be a company that is simple to do business with, and we intend to deliver on our promises."
Lawson said with the merger it can now effectively serve manufacturing, distribution and services industries across the globe and its revenues will closely mirror the global ERP marketplace, with 45 percent coming from North America, 45 percent from Europe and the remainder from Asia-Pacific.
The new company is targeting three specific new license revenue opportunities created by the merger. First, is to increase the penetration of the M3 product line into the U.S. market. Second, Lawson intends to offer its human capital management suite to new and existing customers in the European and Asian markets. And third, the company expects to provide an enterprise asset management suite to its S3 customers to track both human and physical assets, such as medical equipment.
Intentia’s CEO, Bertrand Sciard, the CEO of Intentia, will take on a new role as the company's chief operating officer.
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