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SOMERS, N.Y. - 06 Apr 2004: IBM today announced the completion of its acquisition of Trigo Technologies, Inc., four weeks after reaching a definitive agreement to purchase the Brisbane, California-based company. IBM also said the combined strengths of the two companies have contributed to several major customer signings by Trigo since the deal was announced March 9, including Panasonic Consumer Electronics Company.
The addition of Trigo builds on IBM's industry leading middleware offerings. Trigo will be integrated into IBM immediately as part of the WebSphere brand, a strategic component of IBM Software Group's $14 billion business in 2003.
Trigo's product information management middleware enables companies to integrate and centrally manage comprehensive product information that is typically scattered across an enterprise and a supply chain. Its core middleware, Trigo Product Center, links product-related information with terms of trade such as pricing and then synchronizes this information internally with existing enterprise systems and externally with trading partners in the supply chain and distribution channel.
"Our customers will benefit immediately from the addition of Trigo's product information management technology to the WebSphere integration portfolio," said Paraic Sweeney, vice president, product information management solutions, IBM Software Group. "We can provide industry-specific middleware solutions that enable customers to improve their supply chain operations and customer service, comply with industry mandates such as global data synchronization and RFID, enhance business performance and introduce new products rapidly."
Panasonic, a joint IBM and Trigo customer, is using a variety of IBM WebSphere, Tivoli and DB2 middleware to streamline inquiries and orders coming through its multiple Web sites in order to reduce order-processing and call-center costs. Panasonic's recent purchase of Trigo Product Center is part of a strategic plan to drive a global data synchronization initiative.
"IBM's acquisition of Trigo Technologies validates our selection of Trigo Product Center as the right data synchronization solution to help us centralize and manage product information across our various systems. With IBM's and Trigo's middleware, we will operate in a true global fashion, providing Panasonic's customers with faster, more accurate information and services," said Steven Adamo, General Manager of Business Systems Development, Panasonic.
With the closing of the acquisition, Trigo Product Center will be available immediately from IBM and will be marketed as part of a broader WebSphere Product Center offering. Based on Trigo's previous Business Partner relationship with IBM, Trigo Product Center is integrated today with IBM middleware offerings, including WebSphere Business Integration. IBM will be making significant investments in product development and go-to-market capabilities for product information management solutions as Trigo is integrated with the IBM Software Group operations.
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