Retail & Distribution
24 March 2016
Cegid has finalized the acquisition of JDS Solutions Corporation and strengthens its presence in North America (California).
Cegid, a leading global provider in the specialized retailing sector, has stepped up its international growth and development. By joining Cegid, JDS Solutions ensures the long-term future of its business. Customers and partners can benefit from the backing of a global software company with significant resources and global reach, including $300M+ revenues in 2014 and 16 subsidiaries worldwide. Cegid has 30 years’ experience in the retail industry, with more than 1,000 retailers and close to 30,000 stores currently running Cegid’s retail solutions daily. Customers include well-known retailers such as Lacoste, Gant, Quiksilver, Asics, Delsey, Ted Baker, Chilli Beans, Furla, L’Occitane, Paul Smith, Barbour, Longchamp, New Look etc.
Cegid is committed to protecting and enhancing the IT investment of JDS Solutions’ customers and partners and continuing the maintenance and development of the JDS product portfolios. The JDS Solutions management team and employees with Cegid will work together to ensure the transition is seamless. Dan Friedman, President of JDS Solutions has been appointed by Cegid Group to head up the new organization in North America in recognition of his experience and outstanding leadership qualities.
On behalf of the Cegid Group and the newly formed Cegid-JDS Solutions team in North America, we would like to thank all our customers and partners for your loyalty and we look forward to continuing our relationship as JDS Solutions joins the Cegid Group.