BlueCielo Acquires CAD & Company?s ECM Division22 Apr, 2008
Acquisition expected to strengthen BlueCielo's position in the engineering content management arena.
BlueCielo ECM Solutions announced that it has acquired CAD & Company's ECM division and its ImandrA suite of products, a move that reportedly will strengthen the company's market position in engineering content management (ECM) solutions.
BlueCielo states that the acquisition will result in a strategic expansion of its product portfolio with increased synergy in the areas of product development and internationalization. Selling its ECM division enables CAD & Company to focus completely on delivering, integrating, and providing support for its design and ICT solutions for the construction and metal-processing industries.
"The ImandrA product suite and CAD & Company's ECM team represent a strategic extension of our core operations," said Martijn Janmaat, BlueCielo's CEO. "Because ImandrA is based on IBM's FileNet, we will be expanding the acquired activities internationally in collaboration with IBM and specialist partners. The acquisition represents a clear win-win situation for both parties because BlueCielo is fully specialized in developing and marketing ECM solutions internationally, and it enables CAD & Company to devote all its attention to design solutions. Of course, we are also very happy with the large ImandrA user group, which includes well-known companies like Arcadis, BAM Groep, and Gasunie."
CAD & Company managing director Rob Oud added, "Because delivering, integrating, and providing support for design solutions involves an entirely different line of work than product development and international distribution, I have decided to sell our ECM division to an expert. It will allow the 10-man team to expand the ImandrA operations much more effectively from the basis of an autonomous division and respond to growing international interest. And since BlueCielo has over 20 years of experience, I am confident that both the customers and employees of our ECM division are in good hands."