Edgewater acquires Microsoft Dynamics CRM Online specialist firm Zero2Ten
Edgewater Technology Inc., has acquired Zero2Ten Inc., an award-winning Microsoft Dynamics CRM partner. The deal is worth approximately $5 million, plus additional "earnings-based contingent consideration of up to approximately $8.6 million".
Zero2Ten will join Edgewater Fullscope, a wholly-owned subsidiary of Edgewater and a provider of Microsoft Dynamics AX and CRM solutions and services, to offer Microsoft solutions and cloud-based services to manufacturers of all sizes.
The acquisition was completed after the close of business on March 13, 2015. Zero2Ten's operating results will be combined with those of Edgewater's beginning on March 16, 2015.