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by Jeff Moad, MA Editorial Staff Posted on Friday, October 14, 2005 5:51:00 PM Sign Up to receive Daily News Alerts in your E-mail Inbox    | Abstract: | Deal will combine two best-of-breed MES software vendors that have a common focus on the aerospace and defense markets. |
Continuing a long-term consolidation trend in the manufacturing execution system (MES) market, Visiprise Inc. said it plans to acquire HMS Software Inc. Terms of the deal were not announced. The deal, expected to close by November, combines two leading, vertical industry-focused best-of-breed MES software vendors and gives Atlanta-based Visiprise a larger customer base to which it can cross-sell products and across which it can spread costs. Visiprise, which was formed two-and-a-half years ago through the combination of Teradyne's Manufacturing Software Group and NetVendor, has been focused primarily on high-tech manufacturing customers, although about 40% of its customers are in aerospace and defense (A&D). HMS, of Concord, MA, was founded in 1992, and focuses exclusively on the A&D market. [Click to continue] |
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