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Consona Corporation

From Wikipedia, the free encyclopedia
Consona Corporation
Company typePrivate
IndustrySoftware
Founded2003; 21 years ago (2003)
Headquarters
Area served
Americas, EMEA, Asia-Pacific
Key people
Jeff Tognoni (CEO)[1]
ProductsEnterprise software, including: ERP, CRM
OwnerBattery Ventures
Thoma Cressey Bravo
Number of employees
700 (Approximate)
Websitewww.consona.com

Consona Corporation (formerly known as M2M Holdings Inc.)[2] was a software company based in Indianapolis, Indiana. The company primarily sold enterprise software products to automate business tasks.[citation needed]

Company history

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Consona was founded in 1986 as Made2Manage Systems. In 2003, the venture capital firm Battery Ventures acquired and subsequently privatized Made2Manage Systems, then a publicly traded enterprise resource planning (ERP) software and services provider for small and midsize manufacturers.[3]

Mergers and acquisitions

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Over the next three years, Consona acquired seven additional ERP product lines: DTR, Cimnet Systems, AXIS, Encompix, Intuitive, Relevant, and SupplyWorks.[citation needed] In 2005, Thoma Cressey, a private equity firm with software industry consolidation expertise, joined Battery as a secondary shareholder of Consona.[2]

In 2006, the company entered the customer relationship management market when it acquired Onyx CRM.[4] Seven months later, Consona acquired the KNOVA service and support knowledge management system and launched the company’s Consona CRM division.[citation needed]

In early 2007, to avoid confusion between the Made2Manage ERP solution and the company, M2M Holdings, the company changed its name to Consona Corporation to represent its new position as a CRM and ERP software and service provider.[5]

In 2008, Consona continued to acquire, adding former technology partner Configuration Solutions in March and creating Consona Canada via the purchase of the Intuitive-related assets of Automated Design Systems in June.[6][7] Later in the year, Consona acquired several VAR-related assets in China, and launched Consona China.[8]

In 2009, Consona acquired enterprise software assets of support automation software vendor, SupportSoft.[9]

In 2010, Consona acquired open-source ERP software provider Compiere, giving Consona its first Cloud ready ERP solution and entry into the distribution market.[10][dead link]

On August 7, 2012, Consona merged with CDC Software; the resulting company was renamed Aptean.[11][12][13]

In 2022, Consona acquired Compiere Inc.[14]

References

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  1. ^ "ERP Company: M2M Holdings Changes Name". Aerospace Online. March 15, 2007. Retrieved September 12, 2024.
  2. ^ a b "M2M Holdings Inc. Changes Name to Consona Corporation" (PDF). thomabravo.com. Archived from the original (PDF) on 2018-01-04. Retrieved 2018-01-04.
  3. ^ "Battery Ventures to Acquire Made2Manage Systems Inc.; Software Company Sees Acquisition as Opportunity to Pursue Growth Strategies. - Free Online Library". Archived from the original on 2012-10-21. Retrieved 2010-10-27.
  4. ^ "Registration - Managing Automation". www.managingautomation.com. Archived from the original on 15 September 2010. Retrieved 22 May 2022.
  5. ^ "Archived copy" (PDF). Archived from the original (PDF) on 2011-09-29. Retrieved 2011-06-28.{{cite web}}: CS1 maint: archived copy as title (link)
  6. ^ "High Tech Views - ERP - Consona Extends Company's Footprint within the Canadian Market and Creates Consona Canada". www.hightechviews.com. Retrieved 2018-01-04.
  7. ^ "Consona ERP acquires Canadian firm - Canadian Plastics". Canadian Plastics. 2008-07-14. Retrieved 2018-01-04.
  8. ^ "Consona ERP Acquires Intuitive ERP Assets From China's TproSoft". www.supplychainmarket.com. Retrieved 2024-10-03.
  9. ^ Musico, Christopher (10 April 2009). "Consona Acquires SupportSoft's Enterprise Software Group". Destination CRM.
  10. ^ "Consona buys cloud ERP vendor Compiere". 16 June 2010.
  11. ^ "CDC Software and Consona Corporation Merge to form a Comprehensive Enterprise Application Software Company : APTEAN". Archived from the original on 2012-11-20. Retrieved 2012-11-20.
  12. ^ Leggett, Kate (2012-08-15). "The Customer Service Market Keeps Consolidating: Consona And CDC Software Merge". Forrester. Retrieved 2024-09-20.
  13. ^ "CDC Software, Consona Merge to Form Aptean". www.destinationcrm.com. Retrieved 2024-09-20.
  14. ^ "Consona Corporation Acquires Open-Source and Cloud ERP Software Provider Compiere Inc". Kroll. Retrieved 2024-12-12.