Magnitude in the News
Dallas Business Journal writes about Magnitude’s latest acquisition Innowera. “A DFW software firm has been acquired by Austin-based Magnitude in a move that the companies say will fuel growth on both sides of the equation.”
Austin Business Journal writes about Magnitude’s latest acquisition Innowera. “The Dec. 20 announcement of Magnitude’s purchase of Innowera LLC, an Irving-based maker of enterprise resource planning software, was its second buyout of the quarter “
American-Statesman Staff’s Lori Hawkins writes about Magnitude’s latest acquisition Innowera. The Austin company says the purchase of Irving-based Innowera expands its reach in the business information management market.
PEHub Network’s Iris Dorbian covers Magnitude Software Inc has acquired Irving, Texas-based Innowera, a software provider. Magnitude Software is backed by Audax Private Equity.
This acquisition expands Magnitude’s portfolio of solutions in the SAP marketplace, provides access to additional target users in the office of finance, and complements key solutions, including Magnitude SourceConnect for SAP, Magnitude RapidDecision, and Magnitude Connectivity solutions.
KMWorld’s Joyce Wells covers Magnitude Software’s acquisition of Innowera, as the company has its sights set on expanding product offerings for more efficiently manage SAP processes and workflows for productivity and data management.
Axios Pro Rata includes Magnitude in its Private Equity Deals section from December 20.
Fortune includes Magnitude in its Term Sheet roundup; see the “other deals” section.
From Magnitude’s CEO: “Together, Innowera and Magnitude deliver solutions that unify the enterprise across increasingly fragmented application environments, including simplifying critical data access, management and visibility for SAP users that traditionally required complex programming with limited results.”
PE Hub Network’s Iris Dorbian covers Magnitude Software’s acquisition of Agility Multichannel as the company keeps building an Enterprise Information Management (EIM) software platform focused on addressing the increasingly heterogeneous data environments within companies.