SDRC acquires Inovie Software

SDRC has acquired Inovie Software of San Diego, CA, a provider of Web-based, peer-to-peer collaborative project management software.

SDRC is accounting for the transaction as a purchase, and the financial effect is expected to be slightly dilutive to SDRC earnings in 2001.

The combination of SDRC’s Metaphase product knowledge management (PKM) and Accelis e-Business integration suite (e-BI) with Inovie’s collaborative project management offerings will allow users to collaborate on enterprise product and project data. It will also offer secure, web-based collaborative project management capabilities to manufacturing enterprises and their extended supply chains.

SDRC will also continue to offer Inovie’s products as they are packaged and sold today to a variety of non-manufacturing industries and end-user applications.

All current full-time Inovie employees will immediately become employees of SDRC. They will continue to operate the business in San Diego, California and will report under SDRC’s e-BI (e-Business Integration) business unit.

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