Consona Corporation Explained

Consona Corporation
Type:Private
Location City:Indianapolis, Indiana
United States
Key People:Jeff Tognoni (CEO)
Area Served:Americas, EMEA, Asia-Pacific
Industry:Software[1]
Products:Enterprise software, including: ERP, CRM
Num Employees:700 (Approximate)
Owner:Battery Ventures
Thoma Cressey Bravo
Homepage:www.consona.com

Consona Corporation (formerly known as M2M Holdings Inc.)[2] was a software company based in Indianapolis, Indiana. The company primarily sold enterprise software products to automate business tasks.

Company history

Consona was founded in 1986 as Made2Manage Systems. In 2003, the venture capital firm Battery Ventures acquired and subsequently privatized Made2Manage Systems, then a publicly traded enterprise resource planning (ERP) software and services provider for small and midsize manufacturers.[3]

Over the next three years, Consona acquired seven additional ERP product lines: DTR, Cimnet Systems, AXIS, Encompix, Intuitive, Relevant, and SupplyWorks. In 2005, Thoma Cressey, a private equity firm with software industry consolidation expertise, joined Battery as a secondary shareholder of Consona.

In 2006, the company entered the customer relationship management market when it acquired Onyx CRM.[4] Seven months later, Consona acquired the KNOVA service and support knowledge management system and launched the company’s Consona CRM division.

In early 2007, to avoid confusion between the Made2Manage ERP solution and the company, M2M Holdings, the company changed its name to Consona Corporation to represent its new position as a CRM and ERP software and service provider.[5]

In 2008, Consona continued to acquire, adding former technology partner Configuration Solutions in March and creating Consona Canada via the purchase of the Intuitive-related assets of Automated Design Systems in June.[6] [7] Later in the year, Consona acquired several VAR-related assets in China, and launched Consona China.

In 2009, Consona acquired enterprise software assets of support automation software vendor, SupportSoft.[8]

In 2010, Consona acquired open-source ERP software provider Compiere, giving Consona its first Cloud ready ERP solution and entry into the distribution market.[9]

On August 7, 2012, Consona merged with CDC Software; the resulting company was renamed Aptean.[10]

Notes and References

  1. http://www.inc.com/inc5000/profile/consona
  2. Web site: M2M Holdings Inc. Changes Name to Consona Corporation. thomabravo.com. 2018-01-04. https://web.archive.org/web/20180104200352/http://thomabravo.com/sites/default/files/Consona_Name_Change_Release_3807.pdf. 2018-01-04. dead.
  3. Web site: Battery Ventures to Acquire Made2Manage Systems Inc.; Software Company Sees Acquisition as Opportunity to Pursue Growth Strategies. - Free Online Library . 2010-10-27 . 2012-10-21 . https://web.archive.org/web/20121021194452/http://www.thefreelibrary.com/Battery+Ventures+to+Acquire+Made2Manage+Systems+Inc.;+Software...-a0102794840 . dead .
  4. Web site: Registration - Managing Automation . www.managingautomation.com . 22 May 2022 . https://web.archive.org/web/20100915140133/http://www.managingautomation.com/registration.aspx?loc=%2Fmaonline%2Fnews%2Fread%2FMade2Manage_to_Buy_Onyx_19544 . 15 September 2010 . dead.
  5. Web site: Archived copy . 2011-06-28 . dead . https://web.archive.org/web/20110929211407/http://www.battery.com/news/Battery_Consona.pdf . 2011-09-29 .
  6. Web site: High Tech Views - ERP - Consona Extends Company's Footprint within the Canadian Market and Creates Consona Canada. www.hightechviews.com. 2018-01-04.
  7. News: Consona ERP acquires Canadian firm - Canadian Plastics. 2008-07-14. Canadian Plastics. 2018-01-04. en-US.
  8. Web site: Musico . Christopher . 10 April 2009 . Consona Acquires SupportSoft's Enterprise Software Group . Destination CRM.
  9. Web site: Consona buys cloud ERP vendor Compiere. 16 June 2010.
  10. Web site: CDC Software and Consona Corporation Merge to form a Comprehensive Enterprise Application Software Company : APTEAN . 2012-11-20 . dead . https://web.archive.org/web/20121120065723/http://www.aptean.com/en/Company/News-and-Events/Press-Releases/2012/20120807-CDC-Software-and-Consona-Corporation-Merge . 2012-11-20 .