The erp market continued its consolidation march as Swedish IFS announced it would acquire ERP provider MultiPlus Solutions ,based in Norway.
IFS has agreed to purchase MultiPlus from its parent company, Qurius International Holding . MultiPlus focus is in project-based software with clients in engineering, procurement and construction industries .This is part of IFS Grand plan to double revenue by 2013.
CEO Alistair Sorbie “With the acquisition of Multiplus Solutions, IFS can be seen to be executing on its stated strategy for growth and doing so by growing in one of its primary target sectors. The industries served by project-based solutions is a market in which … IFS seeks to achieve a market-leading position.”