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SpatialNews.com Press Release
Wireless News - Business News - Feature Columns
SMALLWORLD COMPLETES ACQUISITION OF NAVIGANT'S SPATIAL IT DIVISION -- Agreement Establishes Smallworld as One-Stop Provider of Network SolutionsThe acquisition broadens Smallworld’s reach in providing end-to-end network solutions to the communications, utility and public systems markets and positions it as a one-stop network solutions software product, implementation services and training company. The acquisition also will allow Smallworld to realize more revenue and improved margins from larger customers, which have begun to require Smallworld to provide implementation services. Bolstering its services resources will further enable Smallworld to more rapidly deploy software and shorten the network solution implementation cycle for its customers. “Navigant’s Spatial IT division complements our software products and ensures Smallworld’s immediate access to business services skills that would have taken us longer to develop internally,” said C. Warren Ferguson, CEO of Smallworld. “This acquisition further demonstrates our commitment to shift our focus from a specialty technology company to an IT solution provider. Navigant’s implementation services will provide Smallworld clients with superior network solutions software, implementation services and training.” By adding more than 90 Navigant consultants, engineers, and software developers, Smallworld will double its implementation services capacity, especially for its Communications division, the company’s fastest growing line of business. The acquisition also will give Smallworld greater control in managing and streamlining implementation of the company’s outage and distribution management products for utilities. In addition to acquiring Navigant’s expansive list of Smallworld-compatible specialty products, Smallworld will inherit a strong group of Navigant’s complementary vendor relationships, including IBM, Vitria Technology, Indus, Oracle, and Itron. A long-time Smallworld World Class Partner, Navigant's Spatial IT operating unit has worked with Smallworld on a variety of projects. The addition of Navigant’s spatial IT specialists – highly skilled in Smallworld implementations and technologies – is expected to accelerate Smallworld’s innovative Internet and application service provider offerings, as well as even further reducing the implementation time on its current systems. In May, Navigant Consulting announced that it would be evaluating its strategic alternatives. Smallworld’s acquisition of its Spatial IT Solutions unit, which is not a core business for Navigant, is a reflection of that strategy. Navigant Consulting, Inc. (www.navigantconsulting.com) is a globally focused management-consulting firm that provides strategic, financial, management and expert services to Fortune 100 companies, government agencies, legal counsels, and regulated and network industries. The company focuses on industries undergoing substantial structural change and the issues that drive it. Smallworld (www.swldy.com) creates, markets and delivers network software products to the utility and public systems and communications markets globally. Smallworld’s products model real world assets and services, enabling companies to understand where their facilities and customers are located, and seamlessly integrating this information across the enterprise. The company’s divisions provide rapid implementation and integration of Smallworld’s unique object-oriented technology and vertical industry applications, which can increase customers’ revenues, improve customer service, and better utilize assets. Smallworld has more than 830 customers in 44 countries around the world and is based at Elizabeth House, 1 High Street, Chesterton, Cambridge CB4 1WR, England; Telephone, +44 (0) 1223.301144, and in the United States at 5600 Greenwood Plaza Dr., Englewood, CO 80111, +1.303.779.6980. Please note that some statements contained within this report may be of a forward-looking nature and may involve risks and uncertainties. Actual future results and outcomes may differ materially from those discussed. Factors that may cause such differences include, but are not limited to, management of growth, market acceptance of the company's product and services, risks associated with new product versions, dependence on third party relationships and the activities of competitors. For a more detailed discussion of the risks associated with the company’s business, please see the company’s Form 20-F on file with the United States Securities and Exchange Commission. Chad Morris Smallworldwide plc +1 (303) 779 6980 Chad.Morris@Smallworld-us.com Stephanie Kenney (212) 213-7461 skenney@mslpr.com |
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