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SDL to Acquire Tridion for $94 Million (GBP 47 Million)MAIDENHEAD, UK --(Business Wire)-- SDL International, one of the leading providers of Global Information Management (GIM) solutions, announced today that it has signed an agreement which is subject to, inter alia, Shareholder approval to acquire Tridion, one of the leading providers of enterprise class Web Content Management (WCM) solutions. Under the terms of the agreement, SDL will pay $94 million (GBP 47 million), which includes $22m (GBP 11 million) of cash in the Tridion business. The transaction is expected to close in May 2007. SDL's acquisition of Tridion will further strengthen SDL's leadership position in Global Information Management by adding a world class WCM solution to the SDL solutions portfolio. -- SDL helps corporations to drive global brand consistency and accelerate time-to-market by providing software and services to manage the delivery of all corporate information into different languages. -- Tridion provides WCM solutions that enable corporations to deliver consistent, interactive and highly targeted customer experiences across multiple Web sites and channels. -- Through the integration of SDL's Translation Management System with Tridion's WCM system, SDL and Tridion will deliver the first Global Web Content Management solution that allows corporations to communicate and interact with global audiences in multiple languages in an effective, efficient and timely manner. This is achieved by integrating Tridion's BluePrinting technology and SDL's TMS technology to manage the complex translation supply chain to create and maintain multilingual content for global companies. "In today's competitive landscape, global trade is an imperative that companies cannot ignore" says Mark Lancaster, Chairman and Chief Executive of SDL. "The combination of SDL's translation management system, providing supply chain management and a virtual centralized multilingual repository, combined with Tridion's advanced WCM technology will enable corporations to conquer the significant language barriers that often stifle the globalization of their businesses. The combined solution creates a Global Web Content Management solution which will allow companies to not only create, but specifically maintain multi-lingual web experience for their customers. 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. Tridion enables organizations to use information efficiently and effectively in order to achieve their business goals. Tridion's unique BluePrinting technology enables organizations to address and respond to new markets using local knowledge while maintaining strong control of their brand." "We are delighted with today's announcement" says Pieter Varkevisser, CEO of Tridion. "SDL and Tridion share a joint vision and the combination of our solutions provides a compelling proposition for anyone using the web to compete on the global stage. We are convinced that the transaction brings value to all of our key stakeholders, our investors, our customers and our employees." About SDL International SDL International (London Stock Exchange: 'SDL') is one of the leaders 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 140,000 software licenses across the GIM ecosystem and provides access to on-demand translation portals for 10 million customers per month. Over 1,000 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. All trademarks are the property of their respective owners. About Tridion Tridion, a leading global provider of Web Content Management (WCM) solutions, enables organizations to deliver consistent, interactive and highly targeted customer experiences across multiple Web sites and channels More than 325 organizations use Tridion solutions, including well-known global brands such as ABN AMRO, BBVA, Canon, Emirates, KLM, Lexus, Renault, Ricoh, Sanofi-Aventis, Scania, Toyota, Unilever and Yamaha. Tridion is headquartered in Amsterdam, the Netherlands, with US headquarters in New York and additional offices and partners throughout North America, Europe and Asia-Pacific. For more information about Tridion, please visit www.tridion.com All trademarks are the property of their respective owners. |
