CIMdata PLM Industry Summary Online Archive

13 October 2004

Acquisitions

Arbortext Acquires UK-based Advent Publishing Systems, Ltd

Arbortext announced it has completed the acquisition of Advent Publishing Systems, Ltd. (Advent3B2). Arbortext's acquisition of Advent3B2 combines two leading publishing software companies and continues its successful track record in expanding its leadership position in the Enterprise Publishing Software industry.

Arbortext's Enterprise Publishing Software helps companies streamline and automate their information creation and publishing process to deliver information that is more accurate, relevant and timely. Through the acquisition of Advent3B2 and its product line, Arbortext extends the benefits of enterprise publishing to design-intensive and complex documents such as financial reports, marketing collateral, consumer catalogs, directories and journals. Using Arbortext Enterprise Publishing Software, organizations can automate the publishing process in order to deliver better information faster and at a lower cost.

Raymond Schiavone, President and CEO for Arbortext, said, "The acquisition of Advent3B2 is consistent with our growth strategy, business goals and commitment to our customers. Advent3B2 has a long and distinguished history in software that automates the publishing of documents with complex layout and design, outstanding talent, and a strong customer base. Advent3B2's technology enables us to extend enterprise publishing solutions to additional applications, departments and organizations."

With this acquisition, Arbortext will broaden its product offerings and grow its customer base with the inclusion of over 300 Advent3B2 customers. Arbortext will also expand its operations by combining the Advent3B2 development, professional services and sales and marketing capabilities through the integration of its Swindon, United Kingdom and Konstanz, Germany offices.

Advent3B2 develops and markets a comprehensive suite of publishing software based on the latest industry standards including XML. Its growing, global customer base includes The European Parliament, Boeing, GlaxoSmithKline, the US Patent and Trademark Office, Bertelsmann and the Canadian House of Commons.

Arbortext is a provider of Enterprise Publishing Software that enables organizations to create and automatically publish large amounts of information, such as technical manuals, pharmaceutical product information, legal information and software documentation. Arbortext's software is installed at over 1,400 organizations worldwide. Current customers include American Express Financial Services, Audi, Boeing, Bombardier, British Aerospace, Caterpillar, DaimlerChrysler, Ericsson Telecom, Ford, General Electric, GM, IBM, International Thomson Publishing, Lucent, Nokia, Nortel Networks, PeopleSoft, Pfizer, Ricoh, Sun Microsystems, Toyota, United Airlines, Volkswagen and Volvo. Arbortext is a founding member and active participant in both the XML Activity of the World Wide Web Consortium (W3C) and the Organization for the Advancement of Structured Information Standards (OASIS). Headquartered in Ann Arbor, Michigan, USA, Arbortext has offices around the world. For more information, please visit http://www.arbortext.com .

 

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