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Leading Provider of Network Storage Devices, Network
Appliance, Selects M&A Software Solutions from TX2 Systems,
Inc.
BALTIMORE, MD (March 20, 2007) – Baltimore-based
TX2 Systems Inc., a leading provider of enterprise-level
software solutions that manage all aspects of the merger
and acquisition process, announced today that Network Appliance,
a global leader in unified storage solutions, has selected
TX2’s Enterprise Merger & Acquisition Software™
- EMA™.
Network Appliance is a leading vendor in network-attached
storage systems for large enterprises. The company helps
its clients deliver content more quickly by storing information
closer to users. The selection of TX2’s EMA™
technology was driven by an ongoing desire and previous
efforts to document and standardize the processes already
being used by Network Appliance. Once the solution is in
place, Network Appliance will be able to map and analyze
the entire M&A process with a specific emphasis on M&A
integration, provide increased visibility to key decision
makers, improve guidance and direction for task owners,
review data from completed integrations and capture best
practices to further build and refine their strategies.
“We were already in the process of refining and standardizing
our integration process,” said Leanne Hulme, Director
of Operations for Network Appliance. “TX2’s
solution is a great fit for us as an M&A
automation tool. It enables us to store our standardized
integration processes as templates, easily
replicate the key components for each new integration,
and offers us the flexibility to modify any unique components
that may exist.”
“Network Appliance is using EMA™
to collaborate more effectively throughout the post merger integration
process and streamline all to-do’s,” said Juan
Tosoni, CEO of TX2. “We’re pleased with their
team’s feedback that our solution is creating a repeatable
integration process that drives value with each and every
one of their deals.”
TX2’s customers include Fortune 500 companies such
as Aetna, leading investment banking firms such as Morgan
Stanley and global law firms such as Dewey & LeBoeuf.
For more information please contact TX2 Systems, Inc. at
info@tx2systems.com.
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