SDL to Acquire Tridion
SDL International announced that it has signed an agreement which is subject to, inter alia, Shareholder approval to acquire Tridion. Under the terms of the agreement, SDL will pay $94 million (£47 million), which includes $22m (£11 million) of cash in the Tridion business. The transaction is expected to close in May 2007. SDL’s acquisition of Tridion is intended to strengthen SDL’s position in Global Information Management by adding a WCM solution to the SDL solutions portfolio. SDL helps corporations to drive global brand consistency and accelerate time-to-market by providing software and services to manage the delivery of all corporate information into different languages. Tridion provides WCM solutions that enable corporations to deliver consistent, interactive and highly targeted customer experiences across multiple Web sites and channels. Through the integration of SDL’s Translation Management System with Tridion’s WCM system, SDL and Tridion will deliver a Global Web Content Management solution that allows corporations to communicate and interact with global audiences in multiple languages in an effective, efficient and timely manner. This is achieved by integrating Tridion’s BluePrinting technology and SDL’s TMS technology to manage the complex translation supply chain to create and maintain multilingual content for global companies. http://www.sdl.com, http://www.tridion.com
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