Epiphany, R.I.P.
:: Wednesday, August 3rd, 2005 @ 2:26:05 pm
:: Tags: General
$4.20 a share. Yippee! Hmmm. At some point, E.piphany reverted back to Epiphany. Funny, because the insertion of the dot was such a big deal when it was changed (I thought it was lame).
SSA Global to Acquire Epiphany
Wednesday August 3, 4:38 pm ET
Epiphany CRM Will Strengthen SSA Global’s Leadership Position as a Provider of Extended Enterprise Solutions
CHICAGO–(BUSINESS WIRE)–Aug. 3, 2005–SSA Global Technologies, Inc.(TM) (NASDAQ:SSAG - News), a leading global provider of extended enterprise solutions and services, and Epiphany (NASDAQ:EPNY - News), today announced the signing of a definitive agreement under which SSA Global will acquire customer relationship management (CRM) solution provider Epiphany. The transaction has a gross value of $329 million or $4.20 per share for the shareholders of Epiphany… [more]
As ex-unofficial historian, I have thousands of photographs of the good ol’ days at EPNY. I should put them online somewhere.
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Did you notice that the deal size was almost exactly 10% of what Epiphany paid for Octane (3.2 Billion !!!!!)? What a difference 5 years make.
Got on your site from Vienna Teng’s site. She’s my favorite musician, since I first heard Harbor.
What do they mean by “extended enterprise solutions” anyways? All these solutions given by tech companies without defining the problems being solved. ???