CAI Software acquires MultiProcess Computer Corporation
Smithfield, R.I. —Computer Associates, providers of the Ponderosa Enterprise Resource Planning (ERP) software and related services to customers in the lumber and building materials industry has announced that it has acquired 100% of MultiProcess Computer Corporation, an international provider of enterprise document archiving and retrieval solutions.
“There are tremendous opportunities for growth in each of our core verticals as well as the broader base of industries in which MultiProcess has established a strong presence,” James H. McCooey, CAI’s Founder, President and Chief Executive Officer said. “This acquisition will better position us to continue to deliver enhanced, leading-edge solutions that add value to our customers’ businesses and help them succeed.”
Based in Windham, New Hampshire, MultiProcess Computer’s flagship product, the DataView Records Management System (RMS), has been installed at more than 1,500 customers worldwide in the LBM, Medical, Manufacturing, and Utilities industries, as well as Government Agencies.
“We are very pleased to formalize our 15-year business and technology partnership with MultiProcess Computer, and we look forward to developing the next generation of document management solutions for our respective customers,” McCooey said. “We’ve had the opportunity—at a number of mutual customers across multiple industries—to work with the talented team at MultiProcess and to see, first-hand, the superior technologies they’ve developed and enhanced over the years. It’s great to have them on our team.”
Serge Gravel, President and Co-founder at MultiProcess Computer said, “It’s an exciting time in the 30-year history of MultiProcess Computer. “CAI has established a leadership position in the ERP software industry within its industry verticals and has recognized the strategic business advantage afforded by the DataView technology and our entire portfolio of enterprise products and services. I am thrilled at the opportunities this transaction represents for both our customers and employees,” Gravel said.
The company announced that MultiProcess Computer will continue to operate under that name and that MultiProcess Co-founder James Bubnikowicz will assume the role of President. The company will continue to maintain MultiProcess’ development facility and offices in New Hampshire.
Financial terms of the transaction were not disclosed.