Sonata Software To Acquire Microsoft Dynamics Partner IBIS Inc.

Editor, MSDynamicsWorld.com

October 29 2015

India-based IT services firm Sonata Software announced it has signed an agreement to acquire US-based IBIS Inc., a Microsoft Dynamics AX and CRM partner with expertise in supply chain management.

Sonata's North American subsidiary will pay $8.6 million in cash and another $5.4 million in earn-outs over two years, according to a regulatory filing with the Bombay Stock Exchange.

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About Jason Gumpert

As the editor of MSDynamicsWorld.com, Jason oversees all editorial content on the site and at our events, as well as providing site management and strategy. He can be reached at jgumpert@msdynamicsworld.com.

Prior to co-founding MSDynamicsWorld.com, Jason was a Principal Software Consultant at Parametric Technology Corporation (PTC), where he implemented solutions, trained customers, managed software development, and spent some time in the pre-sales engineering organization. He has also held consulting positions at CSC Consulting and Monitor Group.

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