Sonata buys Ibis to gain foothold in US market
November 3, 2015
Sonata Software, a Bengaluru, India, based strategic IT firm, has agreed to acquire US supply chain software and services provider Ibis (Interactive Business Information Systems). Founded in 1989, Ibis is a Microsoft Dynamics partner.
Ibis’ proprietary Advanced Supply Chain Software is Dynamics AX and CRM supply chain software for modern distributors, manufacturers and retailers. The company has 26 years of Microsoft Dynamics implementations and serves leading US enterprises.
“Sonata has a strong partnership with Microsoft on Dynamics globally,” said Srikar Reddy, managing director and CEO of Sonata Software. “We have a strong footprint in Microsoft Dynamics based retail solutions. Together with Ibis, we now have a strong management team, world class Advanced Supply Chain Software for distribution companies, a solid referenceable customer base, and a strong and deep partnership with Microsoft in the USA. The marquee customers currently with Sonata and Ibis will both gain from the complementary capabilities we bring to the table.”
Sonata’s vision is to provide digital transformation to retail, consumer packaged goods (CPG) and distribution companies. Microsoft Dynamics AX and CRM are being increasingly adopted globally by companies to transform their businesses. Sonata’s expertise, intellectual property, scale and global presence with Microsoft Dynamics AX, especially in the retail industry, will be combined with Ibis expertise, intellectual property and strong local footprint in the USA within the distribution industry space.
“Ibis is excited to be a part of Sonata, which adds significant scale, a wider geographic footprint, and client base we can now access,” said Andy Vabulas, founder and CEO of Ibis. “We have built Ibis as a company over the past 26 years and believe my team and I have the right partner in Sonata to achieve our vision of a global scale Dynamics organisation. Our clients, products and services will gain from the rich engineering and delivery capability that Sonata has in the Microsoft Dynamics portfolio. I’m sure this acquisition will enhance our product reach as we will be capable of delivering enhanced services while reaching many more clients globally. Our customers will benefit from the depth and breadth of the products and services that a global company like Sonata brings to the table.”
A long-term service provider to Fortune 500 companies across both the software product development and enterprise business segments, Sonata seeks to add differentiated value to leaderships who want to make an impact on their businesses with IT.