Axon, the UK-based SAP consultancy, is beefing up its US business through the acquisition of Feanix Corporation for £12.5m in cash and shares.
Feanix was formed last year through an MBO of Xansa’s US SAP practice and generated $12.2m revenues in it first year of trading. It has "more than 85" consultants working with the likes of Sikorsky Aircraft, Pratt & Whitney and the Goodrich Corporation.
Axon claims a run rate of $20m revenues from the enlarged US business.
Press release here. ®
Related stories
Morse swoops on Diagonal
SAP plays down Microsoft threat
Linux set for ERP ascendency
Market float for reseller consolidator
Software AG sells SAP SI stake to SAP
Biting the hand that feeds IT
![[Print]](/Design/graphics/icons/pf.png "Printer-friendly version"){kind=icon}
![[Mobile]](/Design/graphics/icons/regmob.png "Read The Reg on your mobile phone"){kind=icon}
![[Alerts]](/Design/graphics/icons/alerts.png "Reg Desktop News Alerts"){kind=icon}
Post to Slashdot
Digg this
Add to del.icio.us
Reddit
Previous Article
