CDC Software acquires WKD Solutions

CDC Software Corporation, a US-based provider of enterprise software applications and services, has acquired WKD Solutions Limited, a UK-based provider of supply chain event management and business activity monitoring (BAM) solutions.

Announcement (February 9, 2009):

CDC Software has signed a binding term sheet to acquire WKD Solutions.

WKD Solutions markets its products under the Categoric Software brand. In the event the acquisition is completed, Categoric's solutions, including real time alerting, process automation, corrective action tracking, and key performance indicator (KPI) dashboards, are expected to be integrated into the CDC Supply Chain solutions.

Deal Type    Acquisition
Sub-Category Majority Acquisition
Deal Status  Completed: 2009-09-10

Deal Participants

Target (Company)   WKD Solutions Limited
Acquirer (Company) CDC Software Corporation

Deal Rationale

The acquisition would allow CDC Software to expand the breadth of its enterprise applications and fully-exploit emerging business opportunities.

Related terms: acquisition, business, products, software