EAC Acquires the Arbortext Business Unit of TerraXML
EAC Product Development Solutions (EAC), a leading provider of product development technology and services, is pleased to announce the acquisition of the Arbortext Business Unit of TerraXML. This acquisition makes EAC unique in providing a complete end-to-end systematized solution set for managing product information, executing processes within that system, and publishing relevant information both inside and outside the enterprise.
Burnsville, MN, March 19, 2014 — EAC Product Development Solutions (EAC) expands capabilities and services through the acquisition of TerraXML’s Arbortext Business Unit. This acquisition aligns EAC with industry trends toward Service Information Management (SIM), Service Lifecycle Management (SLM), and automated publishing of technical information. The Arbortext Business Unit will operate as the EAC Product Development Information Services group or PDIS, and provide implementation, customization, development, and support for the Arbortext product line.
Thane Hathaway, President and CEO of EAC said: “Small and medium businesses (SMB’s) need to manage and publish accurate product information in real time, across multiple platforms just like the Fortune 500’s, but they’ve never had a world class and affordable solution. With this acquisition we’ve gained the unique ability to implement and support an end-to-end PLM and publishing system specifically tailored for SMB. We look forward to satisfying this market need while continuing to grow and develop these tools.”
Cory Huey, Vice President of Services at EAC said: “This acquisition opens the doors to many new possibilities. In the future we will develop integrated dynamic publishing products that small companies can more easily afford and deploy. I’m excited to see where the market takes us from here.”
Acquiring the Arbortext Business Unit of TerraXML enables EAC to enter new markets and provide end-to-end solutions to the product development and manufacturing industries. Arbortext allows product companies to easily create product and technical publications and make that information available to customers, dealers, and service staff.