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SDL to Acquire Tridion for $94 Million (GBP 47 Million)

24th Apr 2007 13:05

SDL International, one of the leading providers of GlobalInformation Management (GIM) solutions, announced today that it hassigned an agreement which is subject to, inter alia, Shareholderapproval to acquire Tridion, one of the leading providers ofenterprise class Web Content Management (WCM) solutions. £ Under the terms of the agreement, SDL will pay $94 million (GBP 47million), which includes $22m (GBP 11 million) of cash in the Tridionbusiness. The transaction is expected to close in May 2007. £ SDL's acquisition of Tridion will further strengthen SDL'sleadership position in Global Information Management by adding a worldclass 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 imperativethat companies cannot ignore" says Mark Lancaster, Chairman and ChiefExecutive of SDL. "The combination of SDL's translation managementsystem, providing supply chain management and a virtual centralizedmultilingual repository, combined with Tridion's advanced WCMtechnology will enable corporations to conquer the significantlanguage barriers that often stifle the globalization of theirbusinesses. The combined solution creates a Global Web ContentManagement solution which will allow companies to not only create, butspecifically maintain multi-lingual web experience for theircustomers. £ At a time when access to information is the currency of business,information assets are critical to the current and futurecompetitiveness of any organization. Tridion enables organizations touse information efficiently and effectively in order to achieve theirbusiness goals. Tridion's unique BluePrinting technology enablesorganizations to address and respond to new markets using localknowledge while maintaining strong control of their brand." £ "We are delighted with today's announcement" says PieterVarkevisser, CEO of Tridion. "SDL and Tridion share a joint vision andthe combination of our solutions provides a compelling proposition foranyone using the web to compete on the global stage. We are convincedthat the transaction brings value to all of our key stakeholders, ourinvestors, our customers and our employees." £ About SDL International £ SDL International (London Stock Exchange: 'SDL') is one of theleaders in Global Information Management (GIM) solutions that empowerorganizations to accelerate the delivery of high-quality multilingualcontent to global markets. Its enterprise software and servicesintegrate with existing business systems to manage global informationfrom authoring to publication and throughout the distributedlocalization supply chain. £ Global industry leaders rely on SDL to provide enterprise softwareor hosted services for their GIM processes, including Audi, Bayer,Best Western, Bosch, Canon, Deutsche Bank, Kodak, Microsoft, MorganStanley, Reuters and SAP. SDL has implemented more than 150 enterpriseGIM solutions, has deployed over 140,000 software licenses across theGIM ecosystem and provides access to on-demand translation portals for10 million customers per month. Over 1,000 service professionalsdeliver consulting, implementation and language services through itsglobal infrastructure of more than 50 offices in 30 countries. Formore 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, interactiveand highly targeted customer experiences across multiple Web sites andchannels £ More than 325 organizations use Tridion solutions, includingwell-known global brands such as ABN AMRO, BBVA, Canon, Emirates, KLM,Lexus, Renault, Ricoh, Sanofi-Aventis, Scania, Toyota, Unilever andYamaha. Tridion is headquartered in Amsterdam, the Netherlands, withUS headquarters in New York and additional offices and partnersthroughout North America, Europe and Asia-Pacific. For moreinformation about Tridion, please visit www.tridion.com £ All trademarks are the property of their respective owners. Copyright Business Wire 2007

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