Lawson Software (Nasdaq: LWSN) recently announced it has acquired the Product Lifecycle Management (PLM) software division of San Francisco-based Freeborders
. With this acquisition, Lawson will deepen its enterprise software offerings for companies in the fashion industry. Freeborders will retain its existing technology outsourcing services, which are not included in Lawson
s acquisition.
PLM helps fashion manufacturing companies more quickly source the materials they need to move a product from design to production. By adding PLM capabilities to its portfolio of enterprise software offerings, Lawson can now help companies establish processes that will enable them to cut the lead time from product concept to production to actual delivery to the retail store shelf.
The best-of-breed PLM solution developed by Freeborders is well-tested and proven in the fashion industry. The company serves 79 PLM customers in the U.S., Europe and Asia.
Lawson Fashion PLM will initially
be available as a standalone product
and Lawson will determine how the
product fits with its core Lawson M3
Enterprise Management System for the
fashion industry.
The Freeborders solution
fills a gap we had in meeting our
fashion customers
overall supply chain needs,
said Bob McKee, industry strategy
director, Fashion, for Lawson.
We now
have a proven PLM solution that our
customers can add easily and can
work alongside our global fashion
solutions.
Lawson and Freeborders currently
serve several joint customers around
the globe, including Hong Kong-based
TAL Group. TAL is the leading
manufacturer of men
s
and women
s
garments for the world
s
leading brands.
This is good news for
customers of Freeborders and Lawson,
noted Dr. Harry Lee, CEO of TAL
Group.
It
means companies like ours can look
to one vendor for our enterprise
software and product lifecycle
management needs. It also means we
will have the power of Lawson
focused on the PLM product, given
the strategic importance of the
fashion industry to Lawson.
Leading
solution providers who are focused
upon the fashion industry continue
to extend their solution footprints
to deliver complete end-to-end
business processes,
said Peter Bambridge, research
director, Gartner, Inc.
For
example, combining Product Lifecycle
Management capabilities with
backbone ERP systems can improve
agility and speed of response by
enabling tight integration between
planning and execution, improving
visibility across the entire
collaborative supply chain and
enabling the smooth flow of
information from design through to
delivery.
Terms of the deal were not
disclosed and the transaction is not
anticipated to have a material
impact on the company
s
fiscal 2008 fourth quarter or fiscal
2009 results. Lawson
s
fiscal year ends May 31, 2008.
About Lawson Software
Lawson Software provides software
and service solutions to 4,000
customers in manufacturing,
distribution, maintenance and
service sector industries across 40
countries. Lawson's solutions
include Enterprise Performance
Management, Supply Chain Management,
Enterprise Resource Planning,
Customer Relationship Management,
Manufacturing Resource Planning,
Enterprise Asset Management and
industry-tailored applications.
Lawson solutions assist customers in
simplifying their businesses or
organizations by helping them
streamline processes, reduce costs
and enhance business or operational
performance. Lawson is headquartered
in St. Paul, Minn., and has offices
around the world.
