Earlier this month, MAM Software Group, Inc. announced it had entered into a definitive agreement under which it will be acquired by Berkshire-based ERP solutions specialist Kerridge Commercial Systems (KCS). The provider of cloud-based business and on-premise management solutions for the automotive parts, tyre and vertical distribution industries will be acquired in an all-cash transaction valued at approximately US$154.3 million.
More than 1,000 end users from the tyre, automotive parts and vertical distribution industries are now utilising MAM Software Group’s cloud-hosted business management solutions, the company reports. Growth has been particularly strong of late, and MAM says that over the last 12 months, 75 per cent of new customers in the United Kingdom have chosen the Software as a Service (SaaS) option over the traditional licensing and delivery model; key reasons given for choosing cloud hosting are simplified IT maintenance, security and scalability.
MAM Software has been chosen to supply a new point-of-sale and management solution for Goodyear’s company-owned retail store locations in North America, and it will also be made available to independent Goodyear tyre and automotive service dealers there. The new solution will leverage MAM’s VAST POS application and deliver a solution that can be delivered on premise or via the cloud.
If you would like the latest news from the Chinese tyre industry in Chinese, visit our partner site TyrepressChina.com. Or click below to continue on Tyrepress.