Magnitude in the News
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.
From Magnitude’s new VP, Agility Solutions: “The combined strengths of Magnitude Software and Agility Multichannel open up opportunities to deliver a broader range of complementary solutions that addresses the expanding and highly specialized needs of enterprises driving digital transformation.”
The publication quotes Chris Ney, Chairman & CEO of Magnitude Software, “Today, we expand our capabilities in a growing and relatively under-served market with an agile PIM solution for product content management and syndication.”
CRN’s Alec Shirkey covers Magnitude Software’s acquisition of Agility Multichannel as the company has its sights set on expanding product offerings in the fast moving commerce space.
KMWorld’s Joyce Wells shares the news, noting the expansion of Magnitude’s portfolio and the company’s ability to drive digital transformation for customers.