Boss Insights – News Round Up – May 2017

TIBCO Software to Acquire Data Science Platform Leader Statistica
Palo Alto, California - 15 May, 2017 - TIBCO Software Inc., a global organisation, specialising in integration, API management, and analytics, has announced it has entered into an agreement to acquire Statistica, a leader in data science. The acquisition will augment TIBCO’s analytics product offerings, adding new capabilities aimed at making it easier for data scientists to unlock the power of machine learning and leverage it in a variety of applications, such as those analyzing the often large amounts of data produced in IoT systems. The transaction remains subject to customary conditions and is expected to close in the coming weeks. “TIBCO Spotfire, the key driver of the Insight Platform, has always been a pioneer in visual data exploration and analytics, and we are focused on making that technology a smart, one-stop shop for analytics,” said Mark Palmer, senior vice president, analytics, TIBCO. “We welcome Statistica as an important addition to the analytics team, to help make advanced analytics even more accessible for users of all skill levels.” https://www.tibco.com/press-releases/2017/tibco-software-acquire-data-science-platform-leader-statistica

The Hackett Group Acquires Aecus Limited, Award-Winning European Outsourcing & Robotic Process Automation Consultancy
MIAMI & LONDON, May 9, 2017 - The Hackett Group, Inc. have announced that it has acquired Aecus Limited, an award-winning European consultancy that helps clients optimize business process outsourcing (BPO), IT outsourcing (ITO) and robotic process automation (RPA) through benchmarking and implementation consulting. "Companies are quickly realizing that embracing digital transformation is key to improving corporate efficiency and effectiveness. The Aecus acquisition is expected to significantly enhance our ability to support clients' efforts in RPA, which is a critical element," said The Hackett Group Vice-Chairman & COO David N. Dungan. http://www.thehackettgroup.com/about/research-alerts-press-releases/2017/05092017-the-hackett-group-acquires-aecus-limited/

Business process software company Appian plans to raise $75 million in an IPO.
Appian business process management and case management software suite helps mid-market and large enterprises improve efficiency of their operations. They currently face strong competition and deteriorating revenue growth rates and are offering shares in a dual class structure, leaving shareholders out of control. Led by its founder, Matthew Caulkins, and backed by Novak Biddle and New Enterprise Associates, Appian provides a platform that enables development teams to be more efficient at creating applications. The company's sizable professional services segment has resulted in lower gross margins and its reliance on large customer wins has created inconsistent growth. However, in Q1 2017, Appian’s high-margin subscription business rose 37% and the $4+ billion market opportunity ensures the likelihood of growth remains high. https://www.appian.com/company/press-releases/

Route Mobile acquires Information Technology Enabled Services (ITES) provider Call 2 Connect
Mumbai, India, May 9th, 2017 -- Route Mobile Limited, a global provider of communication services, has announced it has acquired leading Information Technology Enabled Services (ITES) provider, Call 2 Connect India Pvt. Ltd. (Call 2 Connect or C2C) from Arabi Holding Group Company K.S.C. The acquisition sees Route Mobile’s employee numbers soar, growing from close to 400 to more than 1500 globally, changing the company’s status from a medium (MSME) to a large size enterprise. Call 2 Connect will become an independent subsidiary of Route Mobile Limited. The purchase of C2C follows Route Mobile’s earlier acquisitions of Indian based SMS and Value Added Service (VAS) solutions provider Cellent Technologies and Singaporean based Defero Mobile. Providing a range of customer support solutions including Voice, Non-Voice, back office processing and consulting services in the digital payment arena, the addition of this acclaimed ITES provider to the Route Mobile Group portfolio aims to offer the company’s customers unprecedented scope – everything through software application development and customisation, web support, BPO and document development, technical as well as customer care assistance, life cycle management and HR training. http://www.routemobile.com/2017/05/09/route-mobile-acquires-information-technology-enabled-services-ites-provider-call-2-connect/

The Hackett Group Acquires Oracle Cloud Applications Implementer Jibe Consulting
MIAMI & LONDON, May 9, 2017 - The Hackett Group, Inc. (NASDAQ: HCKT) today announced that it has completed its acquisition of Jibe Consulting, Inc. a management and technology consulting firm focused on implementing Oracle Enterprise Resource Planning (ERP) and Human Capital Management (HCM) solutions. The combined enterprise is expected to enhance The Hackett Group's ability to fully support clients' Oracle Cloud Business Application implementation efforts in finance, procurement, manufacturing, supply chain and human capital. The acquisition builds on the best practices implementation IP of The Hackett Group, including its ERP, Enterprise Performance Management and Analytics (EEA) practice. http://www.thehackettgroup.com/about/research-alerts-press-releases/2017/05092017-the-hackett-group-acquires-jibe-consulting/

Genpact Adds Deep Insurance End-to-End Claims Management Expertise with Acquisition of BrightClaim
NEW YORK, May 3, 2017 – Genpact, a global professional services firm focused on delivering digital transformation for clients, has acquired BrightClaim and its associated company, National Vendor, both providers of integrated claims solutions to the U.S. property and casualty (P&C) insurance market. The acquisition marries domain expertise with advanced technologies to fundamentally change how insurers manage the claims process, allowing carriers to create a seamless claims experience for their customers. Terms of the deal are not disclosed. “A growing digital-native customer base and the ubiquity of data are driving the need for innovation at an unprecedented pace and fundamentally changing the insurance claims operating model,” said Mohit Thukral, senior vice president and business leader, Banking, Financial Services and Insurance for Genpact. “With the added U.S. onshore capabilities and domain expertise from BrightClaim and National Vendor, we are enhancing our ability to help insurance clients infuse digital technologies and analytics into their operations to create a sustainable competitive advantage for them.” http://www.genpact.com/about-us/media/press-releases/2017-genpact-adds-deep-insurance-end-to-end-claims-management-expertise-with-acquisition-of-brightclaim

Nuance and Lexmark Form Strategic Partnership
BURLINGTON, Mass., – May 10, 2017 – Nuance Communications, Inc. has announced a new strategic partnership with Lexmark, a global imaging solutions organisation, to provide Nuance document imaging solutions worldwide. Specifically, the relationship includes rights for Lexmark to sell and distribute Nuance AutoStore, Equitrac Office/Express and SafeCom. In addition, Nuance will provide service and support to qualifying customers. For Lexmark, partnering with Nuance reinforces its commitment to providing world-class enterprise-ready workflow solutions that enable organizations to increase productivity and enhance document security. https://www.nuance.com/about-us/newsroom/press-releases/Lexmark-Strategic-Partnership.html

Beta Systems and CROZ Announce Identity and Access Management Partnership
Berlin, Germany. 16 May 2017 – Beta Systems IAM Software AG has announced that it has concluded an Identity and Access Management partnership agreement with CROZ d.o.o.; a Croatian consultancy firm with a major focus on information systems security services and technologies. Zagreb-based CROZ is a Beta Systems’ Solution Partner. This level of partnership enables CROZ to recommend, sell and implement Beta Systems products in relevant customer projects in Croatia and Slovenia. Beta Systems offers an extensive range of Identity Access Management and Identity Governance products and services for midsized and large enterprises. CROZ is oriented at finance and public sector as well as other large IT systems. “Our partnership with CROZ will help our customers fully address the internal and external security challenges they are facing and make their governance, risk and compliance processes more efficient,” says Walter Teichert, Director Partner Management at Beta Systems. http://www.betasystems.com/news-events/detail/article/translate-to-en-beta-systems-and-croz-announce-identity-and-access-management-partnership.html?no_cache=1

Thoma Bravo to Acquire Lexmark’s Enterprise Software Business
SAN FRANCISCO, May 3, 2017 — Thoma Bravo, a private equity firm, has announced it has entered into a definitive agreement with Lexmark International Inc., a global imaging company, to acquire Lexmark’s Enterprise Software business, which is made up of three primary businesses: Kofax, ReadSoft and Perceptive Software. The closing of the transaction is subject to usual and customary closing conditions and regulatory approvals, and is expected to occur in the third quarter of 2017.  Apex Technology Co Ltd, PAG Asia Capital and Legend Capital Management Co, LTD, who acquired Lexmark in November of 2016, support the sale of the Enterprise Software business. https://thomabravo.com/2017/05/03/thoma-bravo-to-acquire-lexmarks-enterprise-software-business/

Infolinx Integrates with Andrews Software, Inc. to Deliver Upgraded Records Management Solution for Major Financial Services Company
Infolinx®, a provider of enterprise records management software, has announced the upgrade to version 3.5 of Infolinx WEB™ by a major US-based financial services company. Responding to logistical requirement changes of the client, Infolinx worked closely with Andrews Software, Inc. to deliver a technology solution which will provide uninterrupted access to corporate records as they migrate from client-managed to off-site vendor records centers. With this latest upgrade and seamless integration, the entire life cycle of corporate records can be managed via the Infolinx application interface, regardless of location. Highlights of the integration functionality include real-time requesting for pickup and delivery of records, as well destruction orders. http://www.infolinx.com/newsroom/pressreleases.html

IBM and Nutanix Launch Hyper-converged Initiative to bring Enterprises into the Cognitive Era Armonk, NY / San Jose, California – May 16, 2017 – IBM and Nutanix have announced a multi-year initiative to bring new workloads to hyper-converged deployments. The integrated offering aims to combine Nutanix’s Enterprise Cloud Platform software with IBM Power Systems, to deliver a turnkey hyperconverged solution targeting critical workloads in large enterprises. The partnership plans to deliver a full-stack combination with built-in AHV virtualization for a simple experience within the datacenter. https://www.nutanix.com/press-releases/2017/05/16/ibm-nutanix-launch-hyperconverged-initiative-bring-enterprises-cognitive-era/

Hyland Announces Formation of the Healthcare CIO Advisory Board
Hyland announces the formation of its Healthcare CIO Advisory Board to gather first hand insights of healthcare trends, challenges and initiatives. Comprised of six Hyland customers — chief information officers, vice presidents and directors — these industry leaders represent a range of healthcare organizations from the U.S., Canada and the UK. The CIO Advisory Board enables knowledge sharing about how customers are currently using OnBase by Hyland in healthcare as well as act as a valuable network that encourages members to share peer-to-peer solutions such as advancing accessibility, maximizing ERMs, CRMs and ERPs, developing product roadmaps, cloud strategies, cybersecurity and more. Board members will attend on-site and web-based meetings throughout the two-year term. http://news.onbase.com/hyland-announces-formation-of-the-healthcare-cio-advisory-board/

IBM names Bill Kelleher as Chief Executive of IBM in the UK & Ireland
London, UK - 15 May 2017: IBM has named Bill Kelleher as Chief Executive of IBM in the UK & Ireland. Bill succeeds David Stokes who moves to become Chief Operating Officer for IBM Europe following over four years in the post. Mr Kelleher joined IBM in the United Kingdom 20 years ago following the acquisition of Data Sciences Limited and has operated in a number of executive and leadership roles across the United Kingdom, Europe and Globally during his career in the company. Mr Kelleher has primarily operated in market facing roles which have previously included strategic client leadership, Vice President for the European Communications Sector, Vice President for the Small & Medium Business Sector and multiple Vice President and General Manager roles across IBM's Global Services businesses. http://www-03.ibm.com/press/uk/en/pressrelease/52388.wss

Brainshark and Seismic Partner to Optimize Sales Readiness and Performance
Waltham, Mass. and San Diego – May 15, 2017 – Brainshark, Inc.  and Seismic have announced a strategic partnership to help organizations improve sales team effectiveness with a unique, end-to-end sales enablement solution. The forthcoming technology integration will bring together Brainshark’s training, coaching and content authoring capabilities with Seismic’s advanced solution for sales content management and personalization. Together, the partnership will empower salespeople to work smarter and drive more effective sales conversations than ever before. The integrated solution will provide an efficient and effective experience for customers by creating dynamic and rich media sales content to help reps better prepare for conversations, progress deals and accelerate sales cycles, dramatically improving reps’ ability to achieve mastery of critical knowledge and skills and improve win rates. https://www.brainshark.com/company/in-the-news/press/brainshark-and-seismic-partner-optimize-sales-readiness-and-performance