With funding from equity capital partners, the company pulled off a string of acquisitions, starting with the 2006 purchase of Advanced Systems Concepts.
Under Dryer, the Midwestern company with the robotic mascot expanded its frame several times over, and in doing so became an industry leader. It wasn’t the biggest dog in what was then a significantly larger OS/400 playground, but the company and its products were well-respected and its customers were satisfied. Back then, the company was based in the suburbs of Minneapolis, Minnesota, had about 90 employees, and enjoyed sales of about $20 million. At that time, the company had a single line of products–the Robot family of systems management tools for what was then called the AS/400 and now is the Power Systems running IBM i. HelpSystems looks a lot different today than when Dryer took over the top job at Help/Systems (it had a slash in its name until recently) 16 years ago. The acquisition and the hiring of Heim–a one-time programmer with an eye for product development–kicked off a new era for HelpSystems following the retirement of former CEO Janet Dryer, who has been with the company for 30 years.
New HelpSystems CEO Chris Heim didn’t waste any time making his first big move last week when the company announced the acquisition of Halcyon Software, its closest natural competitor in systems management. Under New CEO, HelpSystems Snaps Up Rival Halcyon
0 kommentar(er)
