SpaceX Surpasses Amazon in Market Value as Post-IPO Rally Accelerates 
Meta Seeks Legal Shield From Child-Harm Lawsuits Amid KOSA Talks 
Kingboard Holdings Shares Surge After HK$11.77 Billion Block Trade to Expand PCB and AI Supply Chain Business 
Trump Says Anthropic No Longer Seen as National Security Threat 
Google Gemini Co-Lead Noam Shazeer Leaves for OpenAI Amid AI Talent Race 
Samsung Gains Interest from BYD, Google, AMD as AI Chip Demand Strains TSMC Capacity 
Chinese Social Media Giant Xiaohongshu Eyes Hong Kong IPO at Over $70 Billion Valuation 
Qantas Unveils Wellness-Focused Nonstop Sydney-London Flights to Reduce Jet Lag 
BHP Shares Fall as Jansen Potash Project Costs Surge 
Saudi Aramco Explores Sulphur Business Stake Sale to Raise Billions 
G7 Explores AI Access Deal With U.S. Amid Anthropic Restrictions 
Frank Stronach Found Guilty of Sexual Assault and Indecent Assault in Ontario Court 
HSBC Australia Faces A$35M Penalty Over Scam Protection Failures 
TD Bank Expands Employee Monitoring Software to Boost Productivity Amid Privacy Concerns 
Hyundai to Acquire SoftBank’s Remaining Boston Dynamics Stake for $325 Million 
SoftBank Shares Drop as OpenAI Losses and Rising Costs Spark Investor Concerns 
Jio IPO Filing Nears as Reliance Targets $4 Billion Market Debut 
ALPHARETTA, Ga., Jan. 07, 2016 (GLOBE NEWSWIRE) -- Aptean announced today the acquisition of AssetPoint, a leading provider of Computerized Maintenance Management Software / Enterprise Asset Management (CMMS / EAM) solutions. AssetPoint’s CMMS / EAM solution, TabWare, is utilized by organizations of all sizes and in many industries, including Oil & Gas, Discrete and Process Manufacturing, Food & Beverage, Chemicals and Metal Processing.
“The fact that AssetPoint and Aptean share many common customers coupled with AssetPoint’s market expertise and innovative offerings in Enterprise Asset Management make this acquisition a strong strategic fit,” said Kim Eaton, Aptean CEO. “AssetPoint’s mission-critical asset management solution is a natural extension to Aptean’s ERP software suite, enabling us to offer additional best-in-class solutions to our customers, while providing synergistic growth opportunities to both companies.”
“As a part of Aptean, we will be well positioned to provide more comprehensive and seamless enterprise software solutions to our customers by capitalizing on Aptean’s large-scale research and development capabilities, as well as their experience delivering technologically superior products to market,” said Mike Levine, President and CEO of AssetPoint. “We look forward to joining the Aptean team, leveraging their leadership and expertise and continuing to bring relevant and trusted software solutions to customers globally.”
AssetPoint’s TabWare product is a proven CMMS / EAM solution for managing assets, work orders, preventive maintenance, inventory and purchasing. With TabWare, companies can reduce operating costs and increase enterprise value by maximizing asset performance and improving maintenance efficiencies. TabWare is intuitive, easy to use and can be delivered on-premise or as SaaS. The TabWare solution brings full functionality with minimal time or resource investments.
About AssetPoint
For more than 30 years, AssetPoint has been a leading provider of CMMS / EAM solutions helping customers control their operations, reduce maintenance costs, optimize spare parts inventory, streamline procurement and provide greater visibility for improved management, command and control over their assets. Designed by maintenance professionals for maintenance professionals, the TabWare platform is easy to learn, easy to use and has helped tens of thousands of users manage their critical assets. AssetPoint’s customers include leading Food & Beverage, Oil & Gas, Chemical, Mining & Metals, Industrial Manufacturing and a variety of other companies throughout the world. AssetPoint is headquartered in Greenville, SC and prior to the sale to Aptean was a portfolio company of Triton Pacific Capital Partners. For more information, visit www.assetpoint.com.
About Aptean
Aptean is a leading provider of industry-focused mission critical enterprise software solutions. We build and acquire solutions to support the evolving operational needs of our customers. Our solutions help nearly 5,000 organizations stay at the forefront of their industries by enabling them to operate more efficiently, thereby ensuring higher customer satisfaction. For more information, visit www.aptean.com.
FOR MORE INFORMATION Media Relations Melissa Floyd, Aptean [email protected]
