23 April 2013
Infor Announces Intent to Acquire TDCI, Inc.
Infor announced it has entered into a non-binding letter of intent to acquire TDCI Inc. Based in Columbus, Ohio, TDCI is a provider of product configuration management and guided selling solutions for manufacturers and distributors of customizable products and services. TDCI's product configuration management applications help companies improve direct and channel sales performance, and accelerate time-to-market for new products.
The TDCI Product Configuration Management solution includes:
- TDCI Product Configurator - Provides product or other configuration services to a variety of applications including ERP, CRM, and sales solutions.
- TDCI Sales Portal - Provides a web portal for sales people and trading partners to quote and order configured and non-configured products.
- TDCI Flex Suite for the generation of 2D drawings, 3D models, photo-realistic images, and dynamic documents.
TDCI products are already integrated with many leading Infor ERP applications, including Infor LN, Infor SyteLine, Infor XA, and Infor Distribution SX.e.
Financial terms of the proposed transaction are not being disclosed. Completion of the acquisition will be subject to satisfactory completion of due diligence, negotiation of a definitive share purchase agreement, and customary closing conditions. The parties expect to complete the transaction within thirty days.
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