Company:Consona Corporation

From HandWiki
Short description: Software company
Consona Corporation
TypePrivate
IndustrySoftware[1]
Founded2003; 21 years ago (2003)
Headquarters
Indianapolis, Indiana
United States
Area served
Americas, EMEA, Asia-Pacific
Key people
Jeff Tognoni (CEO)
ProductsEnterprise software, including: ERP, CRM
OwnerBattery Ventures
Thoma Cressey Bravo
Number of employees
700 (Approximate)
Websitewww.consona.com

Consona Corporation (formerly known as M2M Holdings Inc.)[2] is a software company selling solutions[buzzword] to automate business critical tasks, ranging from marketing, service and support to planning and scheduling, material requirements planning (MRP), accounting, product configuration, and business intelligence.[citation needed]

Company history

Consona was founded in 1986 as Made2Manage Systems. In 2003, the venture capital firm Battery Ventures acquired and subsequently privatized Made2Manage Systems, then a publicly traded enterprise resource planning (ERP) software and services provider for small and midsize manufacturers.[3]

Over the next three years, Consona acquired seven additional ERP product lines: DTR, Cimnet Systems, AXIS, Encompix, Intuitive, Relevant, and SupplyWorks.[4] In 2005, Thoma Cressey, a private equity firm with software industry consolidation expertise, joined Battery as a secondary shareholder of Consona.[2]

In 2006, the company entered the customer relationship management market when it acquired Onyx CRM.[5] Seven months later, Consona acquired the KNOVA service and support knowledge management system and launched the company’s Consona CRM division.[citation needed]

In early 2007, to avoid confusion between the Made2Manage ERP solution and the company, M2M Holdings, the company changed its name to Consona Corporation to represent its new position as a CRM and ERP software and service provider.[6]

In 2008, Consona continued to acquire, adding former technology partner Configuration Solutions in March and creating Consona Canada via the purchase of the Intuitive-related assets of Automated Design Systems in June.[7][8] Later in the year, Consona acquired several VAR-related assets in China, and launched Consona China.

In 2009, Consona acquired enterprise software assets of support automation software vendor, SupportSoft.[9]

In 2010, Consona acquired open-source ERP software provider Compiere, giving Consona its first Cloud ready ERP solution and entry into the distribution market.[10]

On August 7, 2012, Consona merged with CDC Software; the resulting company was renamed Aptean.[11]

References

  1. http://www.inc.com/inc5000/profile/consona
  2. 2.0 2.1 "M2M Holdings Inc. Changes Name to Consona Corporation". http://thomabravo.com/sites/default/files/Consona_Name_Change_Release_3807.pdf. 
  3. "Battery Ventures to Acquire Made2Manage Systems Inc.; Software Company Sees Acquisition as Opportunity to Pursue Growth Strategies. - Free Online Library". http://www.thefreelibrary.com/Battery+Ventures+to+Acquire+Made2Manage+Systems+Inc.;+Software...-a0102794840. 
  4. http://www.technologyevaluation.com/login.aspx?returnURL=http://www.technologyevaluation.com/research/articles/forgotten-crm-and-erp-kingdoms-in-the-making-20494/
  5. "Registration - Managing Automation". http://www.managingautomation.com/registration.aspx?loc=%2Fmaonline%2Fnews%2Fread%2FMade2Manage_to_Buy_Onyx_19544. 
  6. "Archived copy". Archived from the original on 2011-09-29. https://web.archive.org/web/20110929211407/http://www.battery.com/news/Battery_Consona.pdf. Retrieved 2011-06-28. 
  7. "High Tech Views - ERP - Consona Extends Company's Footprint within the Canadian Market and Creates Consona Canada". http://www.hightechviews.com/index.php?sectionID=12&articleID=237. 
  8. "Consona ERP acquires Canadian firm - Canadian Plastics" (in en-US). Canadian Plastics. 2008-07-14. https://www.canplastics.com/canplastics/consona-erp-acquires-canadian-firm/1000082805/. 
  9. "Consona Acquires SupportSoft's Enterprise Software Group". http://www.destinationcrm.com/Articles/CRM-News/Daily-News/Consona-Acquires-SupportSoft's-Enterprise-Software-Group-53413.aspx. 
  10. "Consona buys cloud ERP vendor Compiere". 16 June 2010. http://www.computerworld.com/s/article/9178129/Consona_buys_cloud_ERP_vendor_Compiere. 
  11. "CDC Software and Consona Corporation Merge to form a Comprehensive Enterprise Application Software Company : APTEAN". Archived from the original on 2012-11-20. https://web.archive.org/web/20121120065723/http://www.aptean.com/en/Company/News-and-Events/Press-Releases/2012/20120807-CDC-Software-and-Consona-Corporation-Merge. Retrieved 2012-11-20.