Consona Corporation

Last updated
Consona Corporation
Company type Private
Industry Software
Founded2003;21 years ago (2003)
Headquarters
Area served
Americas, EMEA, Asia-Pacific
Key people
Jeff Tognoni (CEO) [1]
Products Enterprise software, including: ERP, CRM
Owner Battery Ventures
Thoma Cressey Bravo
Number of employees
700 (Approximate)
Website www.consona.com

Consona Corporation (formerly known as M2M Holdings Inc.) [2] was a software company based in Indianapolis, Indiana. The company primarily sold enterprise software products to automate business tasks.[ citation needed ]

Contents

Company history

Consona was founded in 1986 as Made2Manage Systems. In 2003, the venture capital firm Battery Ventures acquired and subsequently privatized Made2Manage Systems, then a publicly traded enterprise resource planning (ERP) software and services provider for small and midsize manufacturers. [3]

Mergers and acquisitions

Over the next three years, Consona acquired seven additional ERP product lines: DTR, Cimnet Systems, AXIS, Encompix, Intuitive, Relevant, and SupplyWorks.[ citation needed ] In 2005, Thoma Cressey, a private equity firm with software industry consolidation expertise, joined Battery as a secondary shareholder of Consona. [2]

In 2006, the company entered the customer relationship management market when it acquired Onyx CRM. [4] Seven months later, Consona acquired the KNOVA service and support knowledge management system and launched the company’s Consona CRM division.[ citation needed ]

In early 2007, to avoid confusion between the Made2Manage ERP solution and the company, M2M Holdings, the company changed its name to Consona Corporation to represent its new position as a CRM and ERP software and service provider. [5]

In 2008, Consona continued to acquire, adding former technology partner Configuration Solutions in March and creating Consona Canada via the purchase of the Intuitive-related assets of Automated Design Systems in June. [6] [7] Later in the year, Consona acquired several VAR-related assets in China, and launched Consona China. [8]

In 2009, Consona acquired enterprise software assets of support automation software vendor, SupportSoft. [9]

In 2010, Consona acquired open-source ERP software provider Compiere, giving Consona its first Cloud ready ERP solution and entry into the distribution market. [10] [ dead link ]

On August 7, 2012, Consona merged with CDC Software; the resulting company was renamed Aptean. [11] [12] [13]

In 2022, Consona acquired Compiere Inc. [14]

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References

  1. "ERP Company: M2M Holdings Changes Name". Aerospace Online. March 15, 2007. Retrieved September 12, 2024.
  2. 1 2 "M2M Holdings Inc. Changes Name to Consona Corporation" (PDF). thomabravo.com. Archived from the original (PDF) on 2018-01-04. Retrieved 2018-01-04.
  3. "Battery Ventures to Acquire Made2Manage Systems Inc.; Software Company Sees Acquisition as Opportunity to Pursue Growth Strategies. - Free Online Library". Archived from the original on 2012-10-21. Retrieved 2010-10-27.
  4. "Registration - Managing Automation". www.managingautomation.com. Archived from the original on 15 September 2010. Retrieved 22 May 2022.
  5. "Archived copy" (PDF). Archived from the original (PDF) on 2011-09-29. Retrieved 2011-06-28.{{cite web}}: CS1 maint: archived copy as title (link)
  6. "High Tech Views - ERP - Consona Extends Company's Footprint within the Canadian Market and Creates Consona Canada". www.hightechviews.com. Retrieved 2018-01-04.
  7. "Consona ERP acquires Canadian firm - Canadian Plastics". Canadian Plastics. 2008-07-14. Retrieved 2018-01-04.
  8. "Consona ERP Acquires Intuitive ERP Assets From China's TproSoft". www.supplychainmarket.com. Retrieved 2024-10-03.
  9. Musico, Christopher (10 April 2009). "Consona Acquires SupportSoft's Enterprise Software Group". Destination CRM.
  10. "Consona buys cloud ERP vendor Compiere". 16 June 2010.
  11. "CDC Software and Consona Corporation Merge to form a Comprehensive Enterprise Application Software Company : APTEAN". Archived from the original on 2012-11-20. Retrieved 2012-11-20.
  12. Leggett, Kate (2012-08-15). "The Customer Service Market Keeps Consolidating: Consona And CDC Software Merge". Forrester. Retrieved 2024-09-20.
  13. "CDC Software, Consona Merge to Form Aptean". www.destinationcrm.com. Retrieved 2024-09-20.
  14. "Consona Corporation Acquires Open-Source and Cloud ERP Software Provider Compiere Inc". Kroll. Retrieved 2024-12-12.