Sopheon Expands into Asia and South Pacific with Acquisition of Prodex Systems
13 7월 2023 - 10:00PM
Sopheon, the InnovationOps software company, today announced the
acquisition of the business and assets of Prodex Systems
Australasia (“Prodex”), a specialist provider of innovation
software and consulting based in Brisbane, Australia.
Prodex, a longtime reseller of Sopheon products,
assists innovative and successful companies to make better, quicker
decisions and increase speed to market. This acquisition gives
Sopheon a truly global footprint and a strong platform to advance
customer acquisition and growth in the world’s most dynamic
region.
“This is Sopheon's third acquisition in 19 months
and the latest evidence of the strong momentum that our company is
experiencing,” said Greg Coticchia, CEO of Sopheon. “With companies
throughout Southeast Asia increasing their innovation investments,
it's fitting that Sopheon's first acquisition to expand our
geographic presence be in this expanding market. Prodex, a longtime
reseller of Accolade, assists innovative and successful companies
to make better, quicker decisions and increase speed to market.
Sopheon’s innovation leadership continues to expand as a result of
our consistent growth in product offerings, customer
implementations and global reach.”
Sopheon’s previous acquisitions included ROI
Blueprints and Solverboard. Those important technology assets were
further developed and launched as Acclaim Projects and Acclaim
Ideas, respectively. Alongside internally developed Acclaim
Products, the launch of these new SaaS solutions have expanded
Sopheon’s addressable market by an estimated $2 billion and boosted
the company’s position as the leading software vendor focused on
operationalizing the business of innovation.
“The transition for Prodex to become a Sopheon
entity is an exciting extension of the reseller agreement we have
had in place for many years,” said Gerard Ryan, CEO and founder of
Prodex. “We are already working with Sopheon in Australia, New
Zealand and Thailand, with market development plans in place for
the wider Southeast Asian region. We’re excited by the synergy of
immediate geographic expansion for Sopheon in this highly
innovative and high-growth region, while also enabling true 24/7
coverage for Sopheon’s global customer base.”
Sopheon’s software offerings support InnovationOps
thinking and principles that help organizations with managing
discovery, product management, project management, portfolio
management and governance. To learn more about how Sopheon and its
products empower executives, leaders and team members involved with
innovation and product development to embrace change, visit our
website at www.sopheon.com.
About Sopheon
Sopheon (LON:SPE) empowers organizations to change
the world while achieving exceptional long-term revenue growth and
profitability. By operationalizing the entire innovation life
cycle, Accolade® and Acclaim™ software and expertise enable
innovation, product and project professionals to accomplish the
full range of InnovationOps tasks to drive innovation at scale.
Sopheon’s industry leadership was highlighted in the comprehensive
MarketsandMarkets™ report on the Innovation Management market, in
which Sopheon was listed in the “Stars” category, the highest
recognition. Sopheon’s solutions have been implemented by hundreds
of blue-chip customers with over 137,000 users in 50 countries.
Sopheon is listed on the AIM Market of the London Stock
Exchange.
Accolade® and Acclaim™ are trademarks of Sopheon
plc.
Media ContactSopheonEmma HughesEmail:
Emma.Hughes@sopheon.com
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