Consona Corporation
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| Type | Private |
|---|---|
| Industry | Software[1] |
| Founded | 2003 |
| Headquarters | Indianapolis, Indiana United States |
| Area served | Americas, EMEA, Asia-Pacific |
| Key people | Jeff Tognoni, CEO |
| Products | Enterprise Software, including: ERP, CRM |
| Owner(s) | Battery Ventures Thoma Cressey Bravo |
| Employees | 700 (Approximate) |
| Website | www.consona.com |
Consona Corporation is a software company delivering software solutions to automate business critical tasks, ranging from marketing, service and support to planning and scheduling, material requirements planning (MRP), accounting, product configuration, and business intelligence.
[edit] 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.[2]
Over the next three years, Consona acquired seven additional ERP product lines: DTR, Cimnet Systems, AXIS, Encompix, Intuitive, Relevant, and SupplyWorks.[3] In 2005, Thoma Cressey, a private equity firm with significant software industry consolidation expertise, joined Battery as a secondary shareholder of Consona, significantly increasing the company’s access to capital.
In 2006, the company entered the customer relationship management market when it acquired Onyx CRM.[4] Just seven months later, Consona acquired the KNOVA service and support knowledge management system and launched the company’s Consona CRM division.[5]
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.[6]
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 July. Later in the year, Consona acquired several VAR-related assets in China, and launched Consona China.
In 2009, Consona acquired enterprise software assets of leading support automation software vendor, SupportSoft.[7]
In 2010, Consona acquired leading open-source ERP software provider Compiere, giving Consona its first Cloud ready ERP solution and entry into the distribution market.[8]
[edit] References
- ^ http://www.inc.com/inc5000/profile/consona
- ^ http://www.thefreelibrary.com/Battery+Ventures+to+Acquire+Made2Manage+Systems+Inc.;+Software...-a0102794840
- ^ http://www.technologyevaluation.com/login.aspx?returnURL=http://www.technologyevaluation.com/research/articles/forgotten-crm-and-erp-kingdoms-in-the-making-20494/
- ^ http://www.managingautomation.com/registration.aspx?loc=/maonline/news/read/Made2Manage_to_Buy_Onyx_19544
- ^ http://www.customerthink.com/blog/consona_growth_strategy_erp_crm
- ^ http://www.battery.com/news/Battery_Consona.pdf
- ^ http://www.destinationcrm.com/Articles/CRM-News/Daily-News/Consona-Acquires-SupportSoft's-Enterprise-Software-Group-53413.aspx
- ^ http://www.computerworld.com/s/article/9178129/Consona_buys_cloud_ERP_vendor_Compiere
