KDnuggets : News : 2001 : n05 : item28    (previous | next)

Briefs

E.piphany planned acquisition reduces the gap with Siebel
E.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

KDnuggets : News : 2001 : n05 : item28    (previous | next)

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