Announced
Financials
Sources
Tags
enterprise resource planning
Private
Pending
Acquisition
Domestic
Friendly
IT Services: Other
Single Bidder
United States
Majority
Synopsis
Aptean, a global provider of mission-critical enterprise software solutions, agreed to acquire Exenta, a creator of enterprise resource planning, product lifecycle management, Innovation Lifecycle Management and Shop Floor Control solutions to support the fast fashion, apparel and soft goods industries. Financial terms were not disclosed. "Today’s transaction extends our ERP leadership through the addition of Exenta’s leading solutions and further enhances Aptean’s growth prospects in the fashion industry. With Exenta, we can provide brands and apparel manufacturers more tools and capabilities to grow their businesses, while increasing productivity and profitability. On behalf of everyone at Aptean, we welcome the talented Exenta team into the Aptean family and look forward to working closely with them to drive further innovation," TVN Reddy, Aptean CEO.
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