SSA Global Technologies, Inc., a leading global provider of extended enterprise solutions and services, and Epiphany, announced the signing of a definitive agreement under which SSA Global will acquire customer relationship management (CRM) solution provider Epiphany. The transaction has a gross value of $329 million or $4.20 per share for the shareholders of Epiphany.
Epiphany is a recognized leader in CRM with a suite of products that includes sales, service, marketing, and customer analytics. These applications are based on a similar services-oriented architecture and built using the same Java 2 Enterprise Edition (J2EE) technology as the recently released SSA Technology Architecture. The combined architecture will provide the flexibility to integrate with existing enterprise applications and to quickly tailor solutions for specific industries.
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