Lawson Software announced the acquisition of Numbercraft Ltd., a privately held consultancy and provider of sophisticated analytic applications for retailers and consumer packaged goods companies. The acquisition adds unique quantitative measurement and analysis capabilities to Lawson's Retail suite and continues the company's strategy of enriching its enterprise applications with targeted technology and intellectual property purchases. The acquisition of Numbercraft is effective immediately, and terms of the deal were not disclosed. The impact of the acquisition on the company's fiscal 2004 operating results is expected to be immaterial.
Numbercraft, based in Oxford, England, has developed a strong following among leading retailers and consumer goods companies in the United Kingdom by using advanced mathematics to help convert large volumes of customer, product and sales data into actionable information. The company counts the four largest grocery retailers in Britain and several of the world's largest consumer goods companies among its customers.
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