MDIS-Fujitsu
joint venture announced
Industry giants Fujitsu and MDIS have formed a new joint-venture software company,
Glovia International, to provide a global Enterprise Resource Planning (ERP)
software solution.
The new company, to be based in California, will combine the two partners'
distribution, technology, industry expertise and support resources to address
what MDIS describes as a "rapidly growing worldwide ERP market".
MDIS retains a 64% stake in the joint-venture company, with Fujitsu contributing
$29m in cash and other assets for its 36%. Fujitsu is a long-time distributor
and co-development partner of the MDIS CHESS ERP product throughout Asia-Pacific.
The new venture will provide a welcome boost for MDIS, currently labouring
under financial problems, as will a number of other recent sales:
- The Scottish Environmental Protection Agency (SEPA) has awarded them a contract
worth £375,000 for its PRO-IV Financials and PRO-IV Human Resources
System;
- Stafford Borough Council, a MDIS customer for over 10 years, has signed
a comprehensive IT contract valued at over £1.6m, covering application
software, maintenance, networking and Sun computer systems, with the emphasis
on reducing network costs;
- Dunlop Hiflex Fluid Power, a subsidiary of the BTR Group, has awarded an
IT contract valued at £320,000, for an integrated Sales Order Processing,
Stock Control and Sales Ledger system
- Aberdeen based Pressure Products Group has awarded a contracted valued at
£247,000 for the CHESS Enterprise Resource Planning system.
MDIS Group
plc
Boundary Way
Hemel Hempstead
Hertfordshire
HP 2 7HU
Tel: (01442) 232424
Fax: (01442) 274516
http://www.mdis.com
Last Updated: 30
June 1999