Quadrant Software announced today that it has acquired Business Computer Design (BCD) Int'l and its Canadian business partner ExcelSystems Software Development Inc (ESDI). The transaction will form a bigger IBM i software vendor, according to IT Jungle.
Under the terms of the acquisition deal, the said companies will operate as is, said Quadrant chief Steve Woodard. There will be no layoffs and BCD clients will not see immediate changes emerge from the said deal, the report explained.
Chicago-based BCD and British Columbia-based ESDI will join two other companies, NetLert and SoftBase, to become subsidiaries of Quadrant. The addition of BCD and ESDI doubles Quadrant's size in terms of client base and workforce. The combined entity will have a total of 90 employees, the report detailed.
According to Woodard, BCD's modernization solutions are a congruent addition to the company's present product portfolio. Quadrant's products include QuadraDocV document routing platform and fax over IP (FoIP), IT Jungle reported.
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