Austin-based unified application data management company, Magnitude Software, Inc., has acquired Netherlands-based Every Angle Software Solutions in a bid to increase its self-service SAP analytics and reporting capabilities as well as to expand its presence in Europe.
Every Angle’s self-service solution, which is designed to transform SAP data into actionable insights, works on any SAP system. This enables organisations to optimise operational performance by gaining important business insights and the ability to identify and resolve key business issues quickly and simply.
“Magnitude’s mission is to simplify the complex application landscape for our customers and help them realise significant productivity gains by unlocking the value promised by enterprise platforms like SAP,” said Chris Ney, chairman and CEO, Magnitude Software.
“Every Angle shares a similar mission – delivering superior data access and analysis to uncover operational insights and efficiencies, which makes it an ideal complement to Magnitude’s Unified Application Data Management product family,” said Ney.
Magnitude’s portfolio is expanding quickly with this being its third acquisition in the past eight months and its seventh in total. Every Angle’s solutions complement Magnitude’s existing SAP application data management solution set, which includes agile SAP data management from Innowera and SAP Central Finance integration from Magnitude SourceConnect. The portfolio also includes Magnitude Master Data Management, Agility Product Information Management, and Magnitude Simba connectivity solutions.
“We are excited about joining Magnitude as it will provide both companies the opportunity to accelerate global expansion, while offering SAP customers an unmatched unified application data management portfolio including an agile analytics suite,” said Fred Hermans, CEO, Every Angle Software Solutions. “We share a vision of simplifying the access to and analysis of data from ERP systems that will allow our customers to increase the business value they realise with these systems.”
Within Magnitude, Hermans will become SVP, Every Angle Solutions, with responsibility for driving the Every Angle solution vision while securing Every Angle’s role within the broader context of Magnitude. Existing customers of Every Angle will continue to work with their same support and consulting services teams while gaining the opportunity to leverage the products and expertise offered by Magnitude.
Financial terms of the acquisition were not disclosed.