Sonata Software to acquire I.B.I.S.
Sonata Software, a global strategic IT solutions firm, has signed a definitive agreement to acquire the supply chain software and services provider I.B.I.S. Inc.
Founded in 1989, I.B.I.S. Inc. has a strategic partnership with Microsoft for the Dynamics solution and delivers world-class supply chain solutions, including its proprietary Advanced Supply Chain Software solution. The acquisition of the United States based IBIS will allow Sonata, a Bangalore, India-based company to accelerate its footprint globally.
Advanced Supply Chain Software powered by I.B.I.S., Inc. is a total Dynamics AX and CRM supply chain solution designed to meet the needs of distributors, manufacturers, and retailers.
Sonata’s vision is to provide digital transformation solutions to retail, consumer packaged goods (CPG), and distribution companies.
“Sonata has a strong partnership with Microsoft on Dynamics globally. We have a strong footprint in Microsoft Dynamics based retail solutions. Together with IBIS, we now have a strong management team, world class Advanced Supply Chain Software for distribution companies, a solid referenceable customer base, and a strong and deep partnership with Microsoft in the United States. The marquee customers currently with Sonata and IBIS will both gain from the complementary capabilities we bring to the table,” said Srikar Reddy, managing director and CEO of Sonata Software.
Andy Vabulas, founder and CEO, I.B.I.S. Inc. said, “IBIS is excited to be a part of Sonata, which adds significant scale, a wider geographic footprint, and client base we can now access. We have built IBIS as a company over the past 26 years and believe my team and I have the right partner in Sonata to achieve our vision of a global scale Dynamics organization. Our clients, products, and services will gain from the rich engineering and delivery capability that Sonata has in the Microsoft Dynamics portfolio. I’m sure this acquisition will enhance our product reach as we will be capable of delivering enhanced services while reaching many more clients globally. Our customers will benefit from the depth and breadth of the products and services that a global company like Sonata brings to the table.”
INDUSTRIAL SUPPLY MAGAZINE
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