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CDC Software planea invertir y formar una relación estratégica con eBizNET Solutions, un proveedor de soluciones SaaS de la cadena de suministro

CDC Software Corporation (NASDAQ: CDCS), a hybrid enterprise software provider of on-premise and cloud deployments, today announced it plans to make a strategic investment in eBizNET Solutions, a leading provider of software-as-a-service (SaaS) supply chain execution solutions. This marks CDC Software’s second strategic cloud investment announcement in recent weeks that is expected to further advance its strategy to increase recurring revenue significantly over the next few years.

In addition to the strategic investment, CDC Software also plans to develop a strategic relationship with Pittsburgh-based eBizNET Solutions whereby CDC Software is expected to become a cobranded reseller of eBizNET solutions globally.  As part of strategic relationship, an eBizNet Solutions affiliate and CDC Software plan to jointly offer an integrated solution of eBizNet and CDC Software’s solutions including CDC eCommerce and x-Alerts to potential customers of both companies.  

eBizNET offers an integrated suite of on-demand SaaS Supply Chain Execution (SCE) solutions including warehouse management, transportation management, yard management, port and cargo terminal management, activity based billing and costing, and reverse logistics. Its customers include Fortune 500 companies located around the world.

As part of this recent transaction, CDC Software may also lease its SaaS infrastructure globally to a BizNET affiliate, and in turn, CDC Software may utilize eBizNET’s consulting and systems integration services. In addition, eBizNET may also utilize CDC Software’s offshore development and support centers.   

“We are excited to have one of the world’s leading enterprise solutions vendors investing in our company,” said Abhay Edlabadkar, CEO and president of eBizNET.  “CDC Software’s planned investment in us will not only help fuel our growth but also provide us with the opportunity to leverage their extensive and cost efficient global offshore development and support infrastructure that can help deliver compelling economies of scale.  We also believe that our strategic partnership with CDC Software can also allow us to expand rapidly globally, especially in high growth markets such as China, Latin America and India.   Notably, this partnership can also offer our customers complementary integrated solutions that we believe can help enhance the performance and efficiency of their businesses.”

“We believe this can be a very synergistic partnership that can help CDC Software advance its hybrid model, and expand its SaaS product line, while offering our customers more options and flexibility in their solutions deployment,” said Bruce Cameron, president of CDC Software. ”Already, CDC Software’s eCommerce product line shares mutual customers with eBizNet solution which further illustrates the synergies in this relationship.  These new solutions further strengthen CDC Software’s position as a provider of hybrid enterprise solutions offering customers on-premise and cloud deployment options.  We also believe that this transaction can further advance our goal of boosting maintenance and SaaS recurring revenue to about 70 percent of our total revenue in the next few years.“

This partnership and investment is expected to help further expand CDC Software’s rapidly growing cloud-based SaaS product portfolio and its commitment to operating under a hybrid software model. Since late last year, CDC Software has acquired three cloud-based companies and announced an investment and strategic relationship with Marketbright, a key SaaS marketing automation solutions provider.”

The strategic investment in eBizNET and the formation of the strategic relationship are subject to the completion of due diligence and the negotiation and execution of definitive documentation. 

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