Sunday | 12 October, 2008
Computerworld
FrontRange bought for $200M by private investors
Marc L. Songini 07/11/2005 08:09:08

Computerworld Buyer's Guide - Vendors Matched to this Article
Related Features
  • +

    Process Trip 04/02/2008 13:07:03

    Why Maritz Travel revamped key business processes — and how business and IT came together to make it work
    When Rich Phillips became COO OF Maritz Travel about two and-a-half years ago, he sat down and took a hard look at the big industry picture
  • +

    What Price Innovation? 05/11/2007 13:44:31

    CIOs say they want more than the traditional “your mess for less” relationship with their outsourcing providers. And the providers want to market themselves as partners in innovation. So why isn’t it happening?
    CIOs say they want more than the traditional "your mess for less" relationship with their outsourcing providers. And the providers want to market themselves as partners in innovation. So why isn't it happening?
  • +

    Doing Your Sums on . . . Build, Buy or Rent 05/11/2007 13:32:30

    You’re trying to build a world-class IT team, but everyone’s going after the same talent pool. What mix works best? Should you grow your own, draft your players or barter your way to the line-up you want to field?
    CIOs should never forget that while new technologies have a maturity cycle, the maturity cycle for human beings in IT is even longer
  • +

    Ticked Off at Tick the Box Mentality 04/02/2008 13:01:15

    Does your executive search firm know the difference between an MIS manager and a CIO, and if it does, can it explain that difference to its corporate clients?
    Does your executive search firm know its MIS managers from its elbow? Does it even know the difference between an MIS manager and a CIO, and if it does, can it explain that difference to its corporate clients?
Additional Resources
Executive Guides
Whitepapers
Zones
Zone logoZones provide focussed content from Computerworld and leading technology partners.

Newsletter Subscription

Sign up for our Computerworld newsletters!
Computerworld's twice-daily news service keeps you in touch with the latest, most important headlines from Australia and around the world.
Keep up with the latest virtualisation technologies, products, news and features.
RSS Feeds

CRM, service and voice applications software maker FrontRange Solutions said Friday that it is being acquired by a private investment firm.

FrontRange Solutions, which caters primarily to the small and midsize market, announced that Francisco Partners, a private equity fund that invests in high-tech firms, has bought it for US$200 million. The deal is expected to close in 90 days.

FrontRange boasts some 140,000 customers and 1.2 million end users and has a global partner network. Among its better-known products is the Goldmine CRM application.

In a statement, FrontRange CEO Michael McCloskey said his company "has outperformed the industry for the last two years, growing at a rate that far exceeds our competition. During this period, we have invested heavily in both R&D and sales expansion, while continuing to increase our profitability. With several new products coming to market, we are well-positioned for continued growth, and plan to increase our market share."

He said the buyout would allow FrontRange to "continue to pursue our aggressive growth strategy."

Computerworld Buyer's Guide - Vendors Matched to this Article
Market Place

Computerworld Member Login


 

Smart SOA World Tour

Discover how SOA can create smarter outcomes for your business.

Attend and learn:

  • How SOA is helping leading companies to become more agile
  • Where you should be applying SOA processes in your company
  • The top SOA implementation mistakes to avoid

Click here for more information.
Whitepaper

Enterprise Wireless WLAN Security

Learn more about the security challenges to be faced when defining and implementing security mechanisms within diverse wired and wireless network environments. Download this must-read guide to plan your wireless data protection strategy now.

Enterprise IT Buyer's Guide
Find Technology Vendors Fast
 
Find vendors by name | Find by category
Sponsored Links