Applimation Inc., a Chicago-based provider of enterprise data management solutions for Oracle, PeopleSoft and Siebel environments, has acquired Gamma Enterprise Technologies, a provider of application data management software for SAP environments. No financial terms were disclosed. Applimation has raised over $9 million in VC funding from firms like Battery Ventures, JMI Equity, RPM Ventures and M Group. Gamma had raised around $10.7 million from ArrowPath Venture Capital and Palomar Ventures.
Applimation Inc., the leading provider of enterprise data management solutions for Oracle�, PeopleSoft� and Siebel� environments, today announced it has acquired Gamma Enterprise Technologies, creator of InfoShuttle� and the leading global provider of application data management software for companies running SAP� applications. With this acquisition, Applimation is now the largest global enterprise application data management company with more than 350 enterprise customers, offering the most comprehensive product portfolio.
This announcement follows record 2007 financial performance from both Applimation and Gamma. Applimation’s bookings increased 55 percent from 2006, and the company’s total year over year revenue grew by 51 percent. Gamma also experienced unprecedented numbers in 2007, with a 50 percent increase in bookings. Additionally, both companies saw an acceleration in revenue generated from strategic partners around the world.
“The growth of enterprise databases and explosion of information is a critical issue in today’s global business and regulatory environment requiring precise and efficient application data management, security and archiving,” said Thomas Murphy, research director, Gartner Group. “Having one company provide a full complement of enterprise data management solutions supporting multiple Enterprise Resource Planning vendors is a clear advantage for customers. As a result, organizations can ensure they are efficiently leveraging good data throughout the information lifecycle.”
The acquisition of Gamma gives Applimation an immediate leadership position in application data management for SAP solutions. By adding the InfoShuttle Suite for SAP application data management and security to the Informia� product line, Applimation now offers an end-to-end portfolio of application data management solutions for enterprise customers. Together, Applimation and Gamma offer an unparalleled depth of expertise in production database archiving, data provisioning and security for non-production systems and test data management.
“This acquisition brings together an incredible combination of technologies, services, people and clients to create global industry leadership in application data management,” said Bob Markese, CEO, Applimation. “Given the increasing demand and spend in the application data management space, we believe that this is an ideal time to extend our industry leadership position into SAP solutions. Gamma is the recognized leader in data provisioning and data security for companies running SAP, providing an excellent match for Applimation’s best of breed solutions for Oracle applications.”
“We are excited at the prospect of aligning our business with an industry leader like Applimation,” said Allan Peters, outgoing CEO, Gamma. “Our customers and partners will benefit from the increased scale and resources of Applimation, as well as the opportunity to leverage Applimation’s world-class application data management capabilities for Oracle, PeopleSoft and Siebel.”
“No other company offers the breadth of products and expertise across all major Enterprise Resource Planning applications as does this combination of Applimation and Gamma,” says Markese. “Our combined product suites complement each other and will enable us to develop new and enhanced products. This acquisition expands our ability to deliver solutions that improve operational efficiency, reduce total cost of ownership and meet compliance requirements.”
Applimation is a leading provider of enterprise data management solutions for packaged and custom applications across multiple database platforms. The Applimation Enterprise Data Management Suite enables organizations to manage the growth of structured and unstructured data to achieve Information Lifecycle Management objectives, improve operational efficiency, reduce total cost of ownership and meet compliance requirements.
Headquartered in Chicago, Illinois, Applimation has offices and affiliates serving North and South America, Europe, the Middle East, Africa, and Asia Pacific. For more information, visit www.applimation.com.
About Gamma Enterprise Technologies
Gamma is a leading global provider of application data management software solutions for companies running SAP applications. The company’s InfoShuttle� application data management solutions deliver a flexible and efficient environment to provision, manage and secure data. Gamma applications have achieved SAP Certified Integration and Powered by SAP NetWeaver� status. Using solutions from Gamma, organizations can provide the right data to the right people at the right time. For more information, visit www.getgamma.com.