Reason for acquisition: The company is an international player on collaboration software market. It has a strategy for growing its operations in Europe via acquisitions, therefore the management is open to speaking to interested sellers
Overview of the Buyer for collaboration software company in Europe
The company is a worldwide leader in developing and providing software solutions for collaboration within an organization and outside of it. It has also many other software products for various processes and operations, has a strategy of growing continuously its portfolio of products by developing or acquiring new technologies and incorporate it in its offer. The management is looking to expand the presence in Europe by buying companies that can demonstrate innovative approaches in developing new software products for collaboration. The buyer has reserved a large amount of funds for supporting acquisitions.
Profile (strategy) of the Buyer for collaboration software company in Europe
The buyer company is a world-class technological enterprise that has the business objective to help its clients to accelerate their digital transformation. To achieve its mission, the company developed various software products that drive retention and growth. Products portfolio is composed of cloud-based and on-premises software solutions that are enterprise-scaled and easy to use, products that include software solutions for collaboration, process management, customer relationship management, messaging and email marketing. There are solutions for various industries, such as insurance, retail, energy and life sciences.
With one subscription, customer have access to all the products in the portfolio, therefore they have the possibility to grow their business the way they want by choosing the right solutions. Before paying the subscription fee, customers can try the products by installing it and see the results. The company is always expanding its portfolio by acquiring new technologies, which means customers will have a growing portfolio from which they can select what they need. Moreover, there is also the R&D division of the company, division that is focused on improving the products with innovative solutions so that businesses have the means to differentiate and stay competitive.
The company’s solutions improve the intranet capabilities and bring integrated collaboration in the customer’s enterprise. Business processes are accelerated by optimizing communications across the organization and by empowering human resources portals. Increasing employee connection drives also sales force, thing that enables better operational results. The collaboration software solution represents an open door between people and knowledge, it helps the employees to discover the team members, expertise and the understanding they need to have in order to do their job. It establishes collaboration between people from any level in the organization, even the remote workforce can be kept informed and in the right direction in every moment. With one hub, people, knowledge and content are tied together from anywhere anytime through mobile and desktop devices.
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