SAS is acquiring Oregon-based ABC Technologies Inc. a provider of activity- based analytic management software. The acquisition will combine SAS performance management technology with ABC Technologies’ activity-based financial management and scorecarding applications.
The transaction follows an 18-month collaboration between SAS and ABC Technologies on the XML-based standard for scorecarding applications. Upon closing the acquisition, Chris M. Pieper, CEO of ABC Technologies will become the president of SAS’ Active Performance Management program.
ABC Technologies has more than 4,300 software installations in 73 countries with a wide range of customers from manufacturing, services, consumer goods and the public sector. Its client base of mid-size and global 1000 organizations will complement the SAS client base, which is primarily comprised of large companies.
Financial details of the acquisition were not disclosed. ABC Technologies’ 2001 revenues totaled $32 million. As part of the acquisition, SAS will also acquire the knowledge portal BetterManagement.com. ABC Technologies employees will be offered employment with SAS. After closing the transaction, ABC Technologies will operate as a wholly owned subsidiary of SAS.
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