Sonata Software Announces Signing Definitive Agreement to Acquire Australia Headquartered Microsoft Dynamics 365 Partner, Scalable Data Systems, in Line With the Strategy to be a Global Leader
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Sonata Software, announced that it has signed definitive agreement to acquire Scalable Data Systems, headquartered in Brisbane, Australia. Scalable Data Systems is a highly respected provider of business solutions in the Australian market, with a history of more than 25 years and has built a solid reputation in providing Microsoft Dynamics 365 F&O solutions for industry leading clients in Australia especially in the manufacturing and wholesale & distribution.
Sonata software has been focused on being a digital transformation partner of choice for customers in retail, distribution, manufacturing, and travel industries with their unique platformation methodology, end-to-end digital platforms and alignment to be a strategic partner for Microsoft in their digital transformation initiatives, based on the Dynamics 365 Cloud based solution.
Sonata has in the past acquired IBIS, a US headquartered Dynamics 365 partner, and has its own IP, i.e. Brick and Click for retail and modern distribution, for distribution and manufacturing industries; and now with the Commodity IP from Scalable has extended supply chain capabilities focused on manufacturing and distribution industries.
On a consolidated basis, net profit of Sonata Software rose 37.08% to Rs 62.18 crore on 38.94% rise in net sales to Rs 593.07 crore in Q2 September 2018 over Q2 September 2017.
Sonata Software is a global technology company that enables successful platform based digital transformation initiatives for enterprises, to create businesses that are connected, open, intelligent and scalable.
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