CDC Software to Acquire Catalyst International
CDC Software, a wholly owned subsidiary of CDC Corporation and a provider of industry-specific enterprise software applications and business services, enters into a definitive agreement to acquire Milwaukee-based Catalyst International, a provider of supply chain execution solutions and services. With approximate annual revenues of $35 million, the acquisition of Catalyst is expected to be immediately accretive to CDC Software upon completion of the acquisition. Catalyst's software solutions and services are complementary to CDC Software's IMI Supply Chain product line and the company's CDC Global Services operations. The IMI suite of supply chain solutions supports demand-driven fulfillment in multi-company, multi-site and multi-channel environments. After completion of the acquisition, the Catalyst SAP practice business segment is expected to be merged into CDC Global Services, which provides consulting and outsourcing services across a variety of technologies and industries.