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Daegis Inc Message Board

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  • rip_axsone rip_axsone Apr 16, 2009 10:00 PM Flag

    Interesting acquisition

    There is no synergy here. AXS-One has a failed product in a good market.

    Unify will have to spend a lot of energy to change things at axso.

    They still use COBOL, VB and ASP for the core software.

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    • Look for UNFY to reduce the AXS cost structure. $1 million in savings from not being a separate public company. Less SG&A due to the combined companies. AXS manegement structure can be downsized or eliminated.

      The migration pieces (especially the email migration) will get folded into Composer.

      Then, UNFY will either upgrade the records management piece or sell it off for nice chunk of change.

      It appears to be a good deal for Unify's growth strategy and it is definitely a good deal for AXS (bankruptcy was looming).

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