Aptean Corporation
| Private | |
| ISIN | 🆔 |
| Industry | Computer software |
| Founded 📆 | 2012 |
| Founder 👔 | |
| Headquarters 🏙️ | , , United States |
Area served 🗺️ | |
Key people | TVN Reddy (Chief Executive Officer) Alan Sommerville (Chief Operating Officer) Jenny Peng (Chief Technology Officer) Kevin McAdams (Chief Financial Officer) |
| Members | |
Number of employees | |
| 🌐 Website | www |
| 📇 Address | |
| 📞 telephone | |
Enterprise application software providers CDC Software Corporation and Consona Corporation, with a total of 1,500 employees and 5,000 customers, merged in August 2012 to form Aptean Corporation.[1]
Aptean sells industry-specific software for the financial, manufacturing and supply chain industries integrating enterprise resource planning (ERP), supply chain management (SCM), and complaint management.
History[edit]
Consona Corporation completed its initial public offering (IPO) in 1997.[2]
In 2003, the venture capital firm Battery Ventures acquired Made2Manage Systems for $30 million in cash.[3]
Originally named China.com when founded in 1997, CDC corporation was based in Hong Kong.[4] On August 6, 2009 CDC Software Corporation completed its IPO on the NASDAQ exchange under the symbol CDCS.[5] In November 2009, Consona Corporation acquired Canadian-based Activplant Corporation (formerly Executive Manufacturing Technologies, Inc.), a provider of manufacturing business intelligence software for manufacturing operations management.[6]
In July 2010, Consona acquired open source ERP software provider Compiere with 130 customers.[7]
The CDC-Consona merger was billed as a merger, although most of the management team of the surviving company was connected with CDC.[8]
Aptean named TVN Reddy as CEO in July 2018.[9]
Vista Equity Partners and TA Associates announced a joint investment in the company in February 2019.[10] One of Aptean's owners, Vista Equity Partners, tends to take a hands-on approach to management and implements standardized business processes and standard systems and tools.[11]
On March 20, 2020, Aptean announced the acquisition of UK-based Paragon Software Systems, a provider of transportation management software serving the food and beverage, distribution and retail industries.[12]
Products[edit]
Aptean provides ERP, Supply Chain and compliance software. Industries served include food and beverage, discrete and process manufacturing, financial services, consumer goods, wholesale distribution and third-party logistics.
References[edit]
- ↑ Jacques Couret, “CDC Software combines with Consona,” Atlanta Business Chronicle, August 7, 2012.
- ↑ Steve Gelsi, “Made2Manage going private after IPO,” Marketwatch, June 5, 2003.
- ↑ Jim Shepherd, “Made2Manage Goes Private With Battery Ventures,” Gartner.com, June 9, 2003.
- ↑ Ben Jiang (October 9, 2011). "CDC Corp. Filed for Bankruptcy Protection, Rise and Fall of the First China Concepts Stock". Tech Node. Retrieved March 16, 2017.
- ↑ “CDC Software Prices IPO at USD12 Per ADS,” ChinaTechNews.com, August 6, 2009.
- ↑ Jim Shepherd, “[1],” mcleanwatson.com, November 6, 2009.
- ↑ Chris Kanaracus, “Consona buys cloud ERP vendor Compiere,” ComputerWorld, June 16, 2010.
- ↑ Predrag Jakovljevic, “CDC Software + Consona = Aptean (Or: New Bottles for Old Wines),” Technology Evaluation Centers, August 13, 2012.
- ↑ "TVN Reddy Named Aptean CEO". Aptean. Retrieved 2019-11-13.
- ↑ "Aptean Partners with TA Associates and Vista Equity Partners to Accelerate Growth". Aptean. Retrieved 2019-11-13.
- ↑ Cindy Jutras, “CDC Ross + Consona = Aptean,” Mint Jutras, October 26, 2012.
- ↑ "Aptean Announces the Acquisition of Paragon Software Systems". Aptean. Retrieved 2021-07-01.
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