Constellation Software Inc. acquires Computer Solutions, Inc.
Deerfield, IL – February 17, 2010 – Friedman Corporation, a wholly-owned subsidiary of Constellation Software Inc. (“Constellation”) (TSX: CSU) announced it has acquired Computer Solutions, Inc (CSI).
CSI offers order management and eCommerce software for the IBM System i including order entry, order processing and fulfillment, customer service, warehousing, accounting, and manifesting.
As a result of the purchase, CSI will become part of Constellation’s Friedman Operating Group, and will continue to operate as an independent division of Friedman. CSI will continue to sell, develop and enhance their order management software and continue to provide the highest standard of support and service to CSI customers.
Eric Herrmann, Chief Financial Officer of the Friedman Operating group commented, “The acquisition of CSI is an ideal match for the Friedman Operating Group. CSI has a longstanding and loyal customer base primarily located in the domestic United Sates. We have now extended our reach into the Multi-Channel Merchant and Direct-to-Consumer markets with an established partner. CSI’s expertise in the order management and fulfillment markets will be a wonderful compliment to Friedman’s existing business.”
Ernest Smith, Vice President of Sales & Marketing for CSI stated, “This was an extremely positive acquisition for CSI’s customers and employees. It reinforces our company’s commitment to the IBM System i platform and our product suite while provides CSI with the additional stability and strength of partnering with a much larger enterprise.”
Friedman Corporation is a wholly owned subsidiary of Constellation Software. Friedman Corporation develops enterprise computing solutions for the discrete to-order manufacturer. Friedman’s advanced multi-platform technology and modular application design support customized enterprise-wide solutions to meet the unique requirements of the discrete to order manufacturer. Friedman’s integrated single database architecture supplies the foundation for the manufacturer’s e-business, remote dealer systems, and distribution chain. For further information on Friedman Corporation, please visit their website at www.friedmancorp.com.
Computer Solutions, Inc.
Developers of ORDER POWER!
Enterprise Software for B2B, B2C, and Catalog Sales, Web Commerce, and Fulfillment