EDI powerhouse: Business process specialist Trubiquity acquires Mosaic Software
Trubiquity , a provider of business process automation software, has acquired the assets and business operations of Mosaic Software in a contracted signed July 1, 2008.
Based in Meckenheim, Germany, Mosaic offers commercial electronic data interchange (EDI) software products for customers in the retail, manufacturing, and finance market, including an EDI-trade portal (Web and classic EDI) for customers; and installed EDI software and consulting services for business-process optimization.
Mosaic Software product offerings allow organizations to connect and collaborate across a variety of industries and business functions. Trubiquity's current EDI capabilities came as a direct result of its acquisitions of European-based Secorex , and U.S.-based Trinary Systems .
The ongoing operations of Mosaic Software will continue uninterrupted under the name Trubiquity Systems. Says Rolf Mugrauer, CEO of Mosaic Software, "We look forward to teaming with Trubiquity and combining the EDI capabilities of both organizations. This partnership will support our customers' best-in-class EDI solutions to use worldwide."
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Annual Salary Survey
Before the calendar turned, 2016 already had the makings of a pivotal year for manufacturing, and for the world.
There were the big events for the year, including the United States as Partner Country at Hannover Messe in April and the 2016 International Manufacturing Technology Show in Chicago in September. There's also the matter of the U.S. presidential elections in November, which promise to shape policy in manufacturing for years to come.
But the year started with global economic turmoil, as a slowdown in Chinese manufacturing triggered a worldwide stock hiccup that sent values plummeting. The continued plunge in world oil prices has resulted in a slowdown in exploration and, by extension, the manufacture of exploration equipment.
Read more: 2015 Salary Survey