Maconomy successfully acquired by Deltek
2010-07-06Deltek, Inc. (Nasdaq: PROJ), the leading provider of enterprise applications software and solutions for project-focused businesses, today announced that it has successfully completed its tender offer to acquire the European ERP provider Maconomy A/S (Nasdaq OMX: MACO). The new, combined company is the undisputed market-leader offering enterprise applications to professional services firms around the globe.
As a result, Deltek is acquiring approximately 94% of Maconomy’s outstanding shares in connection with the tender offer. An all cash payment for shares that were tendered will be made promptly in accordance with the terms of the tender offer at the offer price of DKK 20.50 per share, or approximately $3.40 per share. Deltek expects to initiate a mandatory redemption under Danish law to acquire the remaining outstanding shares in the coming weeks.
Products

Deltek Vision®
Fully-integrated Project Based ERP Solution for Architecture and Engineering Firms
At any given moment, effective decision-makers like you need to understand how your business is performing, why problems occur, the impact on the business, and what you can or should do to enhance performance. Deltek Vision keeps your management team on top of problems that can derail your success and facilitates better decision-making by delivering mission critical information to your desktop at the click of a mouse. Business analytics, Dashboards and award-winning reports are a few of the many ways that Deltek Vision provides the information you need to effectively and efficiently manage your business.
Browse information especially for your Role in your firm, see Screen Shots and Features and all the Resources available on this site learn how Vision can help you and your company.
visit the Deltek website
Maconomy is a fully-integrated ERP solution for Professional Services Organizations.
The software is designed to support the key processes of businesses that deliver project-based services to their end customers. Maconomy features broad and deep finance management and project management capabilities developed specifically for Professional Services Organizations that provide expert knowledge to their clients on a project basis.
Maconomy customers come from all segments of Professional Services , including Agencies, Audit & Tax, Consulting, Legal Services, and Research. With hundreds of thousands of users globally, Maconomy powers the Professional Services world.
visit the Maconomy website