BriefsE.piphany planned acquisition reduces the gap with SiebelE.piphany's announcement that it plans to acquire one software concern and the technological assets of a second firm potentially tightens the competitive gap between E.piphany and customer relationship management software leader Siebel Systems Inc. E.piphany, San Mateo, CA, a provider of intelligent customer interaction software, said after the close of the market on Feb. 20 that it plans to acquire Moss Software Inc., Irvine, CA, and the intellectual properties of defunct business-to-business software firm Radnet Inc. Under terms of the deal, E.piphany will cough up 1.9 million shares, or $46.3 million in E.piphany stock at the Feb. 20 closing price. E.piphany's flagship customer relationship management software product, E.5, would be bolstered by Moss' sales force automation capabilities, allowing E.piphany to give Siebel Systems, the leading provider in these categories, a run for its money, according to a report issued by brokerage firm Lazard Freres & amp; Co. See DM News, Feb 22, 2001 |
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