Stamford, Conn./EWORLDWIRE/Nov. 10, 2005 --- Columbus IT Partner announces the acquisition of all the share capital of the Dutch software development company, To-Increase BV. This transaction will significantly strengthen Columbus IT's industry solutions development unit and centralize all Columbus IP rights and R&D efforts worldwide.
It is a part of the Columbus IT strategy to develop a global Independent Software Vendor (ISV) company, which will function together with the company's core consulting business. Acquisition of To-Increase will make Columbus IT the biggest development house for Microsoft Dynamics worldwide providing customers with high quality global industry solutions based on Microsoft Dynamics AX.
To-Increase is an international company focused on developing add-on solutions for Microsoft Dynamics AX and Microsoft Dynamics NAV (Axapta and Navision). It is based on a 100 percent indirect sales model by distributing its solutions though more than 40 partners worldwide. To-Increase is a part of Microsoft Industry Builder Initiative and participates in Microsoft advisory boards for the next versions of Axapta 5.0 and Navision 5.0.
By this acquisition Columbus IT has bought a profitable software development business. The buy includes the transfer to Columbus IT of IP rights for all To-Increase industry, add-on and other solutions, partners channel, customer base and professional team and expertise.
"This acquisition makes Columbus IT the largest global development houses for Microsoft Dynamics AX and the only Microsoft Partner in Europe responsible for two global industry solutions development as a part of Microsoft Industry Builder Initiative: one for Retail and another for Industrial Equipment Manufacturing segments," said Vladislav Martynov, CEO Columbus IT Partner A/S. "We expect a synergy effect in better coordinated R and D, distribution and support of add-on and industry solutions, as well as higher profitability for our consulting practice and faster profitable growth of our software division."
Columbus IT will introduce a new central ISV division, based on To-Increase. This new division will be responsible for development of all solutions, partner channel development and support.
The Industry Builder initiative has been launched by Microsoft in May with the purpose of involving the most experienced partners in developing Global Industry Solutions based on Microsoft Dynamics. In July 2005, Columbus signed a first Industry builder agreement with Microsoft and became responsible for developing a global solution for the Retail trade in Microsoft Dynamics AX (Microsoft Axapta). To-Increase has a similar Industry Builder agreement with Microsoft for the Industrial Equipment and Manufacturing (IEM) market.
About Columbus IT Partner A/S
Columbus IT is a global company specializing in implementing ERP, BI and CRM systems for single site companies as well as multi-site, multi-national corporations. Its industry specializations are retail, manufacturing, distribution, professional service, pharmaceuticals and government contracting. Columbus IT is the most experienced IT implementation company in the world for Microsoft Dynamics (formerly Microsoft Business Solutions Axapta and Navision ERP systems) and was recognized as global partner of the year by Microsoft in 2005.
To-Increase is an Independent Software Vendor specializing in providing effective solutions and add-on tools that support industry-specific business objectives. As a Gold Certified Microsoft Partner and an Industry Builder ISV for Microsoft in Industrial Equipment & Manufacturing, To-Increase is uniquely positioned to provide a portfolio of add-on solutions for Microsoft Business Solutions software like Microsoft Axapta and Microsoft Navision that improve the manageability of business objectives. In addition, To-Increase also supports the leading Sales & Product Configurator e-Con. Delivery of the products is made via a world-wide network of certified partners.
For more information, visit www.to-increase.com.
The names of actual companies and products mentioned herein may be the trademarks of their respective owners.
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