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by Chris Chiappinelli, MA Editorial Staff
Posted on Monday, June 11, 2007 5:10:00 PM Sign Up to receive Daily News Alerts in your E-mail Inbox    | Abstract: | With a $5.5 million buyout of Alignent Software, Sopheon brings together its product introduction management software and Alignent's technology roadmapping technology, and puts new industries in the crosshairs. |
| Keywords: | Product innovation, product portfolio management, new product introduction, Sopheon, Accolade, product information management, cross-function design, product roadmap |
Looking to further capitalize on the recent trend in manufacturing toward greater product innovation, Sopheon Corp. today announced that it would buy Alignent Software, Inc., which markets software for product and technology roadmapping, for $5.5 million. With the acquisition, Sopheon gets technology that complements its own Accolade product, which helps manufacturers manage products as they move through the pipeline, as well as gauge the impact those product will have once they reach the market. The Accolade software is used by companies that already have identified areas where they want to innovate and created product strategies within those areas. Accolade helps organize all the projects that will help drive the strategy, and lets the user company rank and manage those projects. The software then tracks the performance across a product's lifecycle. [Click to continue] |
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