Copyright (c) 2013 Lucidea Corporation
|Summary||SydneyPLUS, the leading global developer of knowledge management solutions, today announced that SydneyPLUS and all of its affiliated companies – Inmagic Canada Software, Cuadra Associates, Questor Systems, LookUp Precision, LawPort, and Incite Software Solutions – will now operate as one company under the new name Lucidea Corporation. All products will retain their brand names, and will continue to be enhanced and supported by Lucidea.|
VANCOUVER, Canada – June 10, 2013 – SydneyPLUS, the leading global developer of knowledge management solutions, today announced that SydneyPLUS and all of its affiliated companies – Inmagic Canada Software, Cuadra Associates, Questor Systems, LookUp Precision, LawPort, and Incite Software Solutions – will now operate as one company under the new name Lucidea Corporation. All products will retain their brand names, and will continue to be enhanced and supported by Lucidea.
"For more than two decades, SydneyPLUS and its partner companies have provided related, often complementary knowledge management solutions, but have operated under separate names and management teams. Given the synergies among our products and the tremendous benefit to our customers of one-stop access to interconnected, end-to-end knowledge management solutions, we decided to merge into a single company with an integrated, cross-functional leadership team," said Ron Aspe, founder and owner of SydneyPLUS, and CEO of Lucidea. "The new name represents our unified approach – incorporating and personifying all of our brands while keeping the individual product names and offerings that our customers recognize and love."
The creation of a consolidated corporate structure allows Lucidea to more effectively leverage combined resources to support strategic initiatives in product development, sales and marketing, and implementation services. Innovation and growth in these areas will enable Lucidea to more quickly deliver exciting products and enhancements to its rapidly expanding global customer base.
"We have many customers who currently use multiple Lucidea products, and this new structure will make it easier for us to support those customers, provide extended benefits to multi-product customers, and guide new and existing customers to the products that will best fit their needs," said Phillip Green, former Inmagic CEO and now Lucidea COO. "We already offer off-the-shelf integration between several of our products, and this organizational change will better enable us to explore additional integration options where it makes sense and to meet our customers' needs."
Lucidea is a knowledge management software and solutions company that provides the infrastructure and business process know-how to help information-intensive organizations easily collect, organize, and leverage their corporate knowledge. Our products improve accessibility and use of information assets for the people who need this knowledge most – employees and customers – resulting in higher employee productivity, lower operational costs and increased customer satisfaction. With a global customer base of more than 2,300 active clients in more than 50 countries, Lucidea is the largest provider of knowledge management solutions to corporations, law firms, non-profits, government agencies, museums, and archives worldwide. For more information about Lucidea, visit www.lucidea.com or call 1-800-229-8398.
|Type of Material:||Press Release|
|Issue:||June 10, 2013|
Mergers and acquisitions|
|Last Update:||2013-06-10 13:26:30|
|Date Created:||2013-06-10 06:48:28|