Amsterdam, Netherlands, 24 April 2007.
Management (WCM) software solutions, announced today it has signed an agreement to be acquired by SDL International, the leading provider of Global Information Management (GIM) solutions for €69 million. The acquisition is expected to close within the second quarter and remains subject to conditions, including SDL shareholder approval and a successful share issue by SDL to fund the acquisition.
Combination creates Global Web Content Management solution
The combination of Tridion and SDL will deliver the industry’s most comprehensive Global Web Content Management solution for communicating with multiple target audiences on a global basis. Tridion’s market leading Web Content Management system, combined with SDL’s Global Information Management technology delivers a seamless solution that enables organizations to create and translate content once, and re-use it across all web requirements in corporate communication, marketing, sales and customer service or support in any language.
By providing both award-winning technology and services, the combination of Tridion and SDL will offer multinational organizations a total solution to compete in today’s global economy.
“We are delighted with today’s announcement” says Pieter Varkevisser, CEO of Tridion. “By joining SDL, we will realize our strategic goals faster; a broader solution offering, larger critical mass and global reach. Tridion and SDL share a joint vision and our respective solutions and service offerings are completely complementary.
We expect that by joining forces, we will make a difference in our global marketplace just as we help our customers do in theirs. We look forward to further accelerating our growth supported by the additional opportunities the SDL group provides.”
Leading industry analyst firm Forrester Research states that the Web has become a primary means of communicating and interacting with external constituencies, including prospects, customers and partners. Consumers and businesses have ever higher expectations and expect their customer experience to be tailored to their specific needs and preferences. Communication in the native language of the customer is a strategic differentiator to meeting today’s market expectations. The combination of Tridion and SDL will be in prime position to capitalize on these market trends.
“At a time when access to information is the currency of business, information assets are critical to the current and future competitiveness of any organization,” says Mark Lancaster, Chairman and CEO of SDL. “The acquisition of Tridion is an important step in our ability to offer a total solution to our customer base. The combination of SDL’s Translation Management System combined with Tridion’s advanced WCM technology enables organizations for the first time to not only create, but specifically maintain multi-lingual web experience for their customers. With communication becoming increasingly web centric, Global Web Content Management represents a key element of our Global Information Management strategy.”
For more information on the transaction, please see the press release issued by SDL.
Press conference
Journalists are invited to a press conference on the acquisition prior to the two day-international event Tridion World.
Time: Wednesday April 25supth between 11:00 and 12:00 CET.
Place: Hotels van Oranje, in Noordwijk (the Netherlands).
Pieter Varkevisser, CEO of Tridion and Mark Lancaster, Chairman and CEO of SDL will be available to answer your questions.
For more information please contact:
Annelore van der Lint
Marketing Director Tridion
T +31 (0)6524 10067 or Annelore.vanderlint@tridion.com
About SDL plc
SDL International (London Stock Exchange: 'SDL') is the leader in global information management (GIM) solutions that empower organizations to accelerate the delivery of high-quality multilingual content to global markets. Its enterprise software and services integrate with existing business systems to manage global information from authoring to publication and throughout the distributed localization supply chain.
Global industry leaders rely on SDL to provide enterprise software or hosted services for their GIM processes, including Audi, Bayer, Best Western, Bosch, Canon, Deutsche Bank, Kodak, Microsoft, Morgan Stanley, Reuters and SAP. SDL has implemented more than 150 enterprise GIM solutions, has deployed over 130,000 software licenses across the GIM ecosystem and provides access to on-demand translation portals for 10 million customers per month. Over 1000 service professionals deliver consulting, implementation and language services through its global infrastructure of more than 50 offices in 30 countries. For more information, visit www.sdl.com.
For more information on SDL, please contact:
Chris Boorman
Chief Marketing Officer SDL International
Tel: +44 (0)1628 417222
Email: cboorman@sdl.com
Helen Cleaves or Anna Moseley at LEWIS
Tel: +44 (0) 20 7802 2626
Fax: +44 (0) 20 7802 2627
Email: helenc/annam@lewispr.com
Website: www.lewispr.com