I’m very excited to announce that we’ve completed the acquisition of M5-Software intellectual property! M5 and Acumatica, whose combined solutions are integral to customers in the services industries, together revealed plans to join forces at the Acumatica Summit in Orlando. I’d like to thank the M5 team for their strong partnership and getting this acquisition concluded in less than ninety days.
M5 modules are now available as three distinct suites: Acumatica Service Management Suite, Acumatica Equipment Maintenance Suite, and Acumatica Route Management Suite effective immediately. Acumatica will supplement these offerings with documentation, training materials, support, and implementation services along with our partners. I’m confident this acquisition will accelerate our penetration into the services market, driving innovation specifically for these SMB customers.
“This announcement gives Acumatica broader vertical capabilities to drive faster time to deployment and lower ongoing TCO for customers,” said Rebecca Wettemann, Vice President, Nucleus Research. “Industry-specific functionality is growing in importance in the Cloud ERP marketplace as customers look to support more complex business processes while accelerating time to value.”