Monday, March 22, 2004

Agilisys continues acquisition binge

Agilisys is on a roll. Following closely after its acquisition of daly.commerce and infor, the company has announced its acquisition of Varial, a German vendor of HR and financial systems for small and mid-sized companies and public agencies. The move is probably intended to strengthens Agilisys's presence in Europe following Agilisys's acquisition of infor, another German vendor.

Varial sells its solutions entirely through a VAR network. Agilisys appears to be willing to keep the VAR network intact. "The company will operate as a separate business unit of Agilisys and continue to develop and strengthen its existing relationships with resellers and customers outside of the Agilisys Discrete, Process and Wholesale Distribution Business Units," reads the press release.

Separately, Agilisys has added four new senior executives: Michael Starr as CIO, whose resume included 14 years in the IT group at Home Depot; Marylon McGinnis as VP of Offshore Development, and formerly from GEAC, a competitor. Also coming on board are Chris Murphy as VP HR and Business Integration, and Rick Parker as VP of Global Marketing of Agilisys's Discrete Solutions Group.

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