Geac To Buy Extensity - InformationWeek

InformationWeek is part of the Informa Tech Division of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them.Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.

IoT
IoT
News

Geac To Buy Extensity

Enterprise resource planning software vendor Geac Computer said last week that it will buy expense reporting and time-card management software developer Extensity for $47 million in cash or stock. The companies expect to complete the deal in November.

Geac, which has made a series of acquisitions in the last five years, including Dun & Bradstreet, JBS Software, and a slate of smaller companies, says buying Extensity can help it expand beyond its primary market for back-office applications.

Geac wants to link its software for managing companies' finance, human-resource, manufacturing, distribution, and supply-chain operations with Extensity's expense-reporting and time-and attendance-management apps, so the vendors' systems can share data. "Here's an application [that Geac] can connect to all its other applications and create new value for customers," AMR Research analyst David Caruso says. "It's a perfect add-on." Extensity's apps already are linked to Geac's mainframe software, thanks to a previous deal. Next up: integrating Geac's Unix and IBM minicomputer apps with Extensity's products.

We welcome your comments on this topic on our social media channels, or [contact us directly] with questions about the site.
Comment  | 
Print  | 
More Insights
State of the Cloud
State of the Cloud
Cloud has drastically changed how IT organizations consume and deploy services in the digital age. This research report will delve into public, private and hybrid cloud adoption trends, with a special focus on infrastructure as a service and its role in the enterprise. Find out the challenges organizations are experiencing, and the technologies and strategies they are using to manage and mitigate those challenges today.
Slideshows
What Digital Transformation Is (And Isn't)
Cynthia Harvey, Freelance Journalist, InformationWeek,  12/4/2019
Commentary
Watch Out for New Barriers to Faster Software Development
Lisa Morgan, Freelance Writer,  12/3/2019
Commentary
If DevOps Is So Awesome, Why Is Your Initiative Failing?
Guest Commentary, Guest Commentary,  12/2/2019
Register for InformationWeek Newsletters
Video
Current Issue
Getting Started With Emerging Technologies
Looking to help your enterprise IT team ease the stress of putting new/emerging technologies such as AI, machine learning and IoT to work for their organizations? There are a few ways to get off on the right foot. In this report we share some expert advice on how to approach some of these seemingly daunting tech challenges.
White Papers
Slideshows
Twitter Feed
Sponsored Live Streaming Video
Everything You've Been Told About Mobility Is Wrong
Attend this video symposium with Sean Wisdom, Global Director of Mobility Solutions, and learn about how you can harness powerful new products to mobilize your business potential.
Sponsored Video
Flash Poll