How Much Wisdom Will BRAIN Bring To Agilisys?
P.J. Jakovljevic - January 2, 2003

Event Summary

Almost unnoticed or tersely reported by market observers was a recent merger of two seemingly unlikely enterprise software providing matrimony candidates. On December 2, Agilisys International, a provider of business software solutions almost exclusively to the process manufacturing industries (and the recently spun off former Process Manufacturing and Distribution division of SCT Corporation, announced the acquisition of BRAIN AG, a German provider of specialized ERP and Supply Chain Execution (SCE) software primarily to automotive suppliers and other selected industries worldwide. Jim Schaper, Agilisys Chairman and CEO, has appointed Ernst Gemmasmer to the post of Senior Vice President (SVP) to lead the European operations of BRAIN Automotive. Post-transaction, the BRAIN Automotive and the BRAIN Industries subsidiaries will reportedly operate as separate business units of Agilisys International. The acquisition was financed through funds managed by Golden Gate Capital and Parallax Capital Partners...