CDC Corporation's (CHINA) subsidiary CDC Software has acquired Australia's Brilliant Training and Consulting.
"This agreement with Brilliant represents the third investment under our Franchise Partner Program – this one in the form of an outright acquisition," said Peter Yip, CEO of CDC Software. "The addition of Brilliant expands our distribution and adds value-added services and implementation skill sets to Praxa. Through this additional reach, we will accelerate sales of our Pivotal and c360 CRM products in the emerging Australia market which will serve as a springboard for further expansion in Southeast Asia."
CDC says the acquisition provides a strategic fit into Praxa Australia, CDC Software's consulting services company in Australia, and significantly strengthens CDC Australia's position in the IT Software and Services market.
"Brilliant has developed proven, specialized capabilities for the robust markets of CRM and business intelligence services in Australia," said John Clough, vice chairman of board for CDC Software and chairman of Praxa Limited. "Their expertise and services will be highly valued, both by our customers implementing commodity CRM solutions with the c360 add-on products for the Microsoft Dynamics CRM platform, as well as our customers deploying competitively-differentiating CRM solutions with our Pivotal CRM applications. At the same time, clients of Brilliant will be able to take advantage of the broader range of applications and development capabilities offered by Praxa and CDC Software."
No financial terms of the deal have been released.