QUESTIONS AND ANSWERS ABOUT ACCELLOS’ ACQUISITION OF VSYNC
Who is Accellos?
Why did Accellos acquire vSync?
How will vSync be Integrated into the Accellos Organization?
Who are the Leaders of Accellos?
Will Accellos continue to have Channel Partners?
How will this impact the employees of vSync?
Will there be any changes in the location of vSync’s office?
What are the benefits of combining vSync with Accellos?
What are the benefits to Customers?
Will Accellos continue to support vSync’s product lines?
Will there be changes to release dates and product road maps?
When will new products be made available?
What happens to the name of vSync?
Who is Accellos?
Accellos is a global provider of technology solutions for the logistics, warehouse, third party, transportation, and mobile fleet management markets. Accellos was formed by software industry executives with experience in the logistics market that believe that a company with a great culture of innovation and excellence can provide more value to its customers, employees, partners, and stakeholders than its competition. Accellos will lead the industry in innovative products and services, customer satisfaction, growth, partner satisfaction and employee satisfaction.
Why did Accellos acquire vSync?
The acquisition of vSync is part of Accellos’ strategy of adding superior, customer-centric supply-chain solutions with strong brands and industry reputations to our growing organization. vSync’s solutions will become a key component of our Accellos One suite aimed at streamlining warehouse operations.
By adding vSync to our family, Accellos now has 195 dedicated employees, nearly 4,000 loyal customers, a reputation for innovation, and a proven track record of growth and success in our industry. Accellos has a strong desire to be the worldwide leader in supply chain solutions as well as in continued development of the strong partner channel we already enjoy.
We will continue to market and support the vSync product lines under the Accellos banner, as well as invest in key vSync product initiatives as part of Accellos One.
How will vSync be Integrated into the Accellos Organization?
vSync will share the common management structure of the entire Accellos organization and retain its focus on innovation from Columbus, Ohio.
Who are the Leaders of Accellos?
Mike Cornell serves as Chairman and Chief Executive Officer of Accellos and leads an experienced team including Joel Kremke, Chief Operating Officer, Ross Elliott, Chief Technology Officer, and Flint Seaton, Chief Financial Officer.
All four were formerly part of NxTrend, a leader in ERP, WMS, CRM, and e-commerce solutions for the distribution market.
Key members of vSync’s operational, sales and development teams will also take on expanded roles in the Accellos organization. Bill Knapp, vSync’s president, will continue with Accellos, playing a significant role in our Integration, EDI and Microsoft channel strategies.
Will Accellos continue to have Channel Partners?
Yes, the Microsoft channel is a very important part of our business. Prior to acquiring vSync, approximately 40% of Accellos’ revenue came from our channel partners. We will continue to utilize Microsoft channel partners and plan to expand relationships with Microsoft partners as a result of the acquisition.
How will this impact the employees of vSync?
Accellos is thrilled to have vSync as part of our organization, and we look forward to working together. From a customer perspective, vSync will operate much as it does today. The main office of vSync will remain in Columbus, Ohio. Certain functional areas of the organization will be consolidated within the combined Accellos organization.
vSync’s reputation for a dedicated, highly qualified team of employees played a key role in our decision to acquire the company, and we believe that the combination of our organizations will result in many new opportunities.
Will there be any changes in the location of vSync’s office?
We plan on maintaining an office or offices in the Columbus area.
What are the benefits of combining vSync with Accellos?
The benefits of becoming part of Accellos are numerous. vSync customers will benefit from the long term investment, solution diversity, and expertise that Accellos offers. The acquisition enables customers with a wide spectrum of integrated supply chain solutions available to optimize your business and maximize your investment in the Microsoft platform.
Accellos’ customers will benefit from enhanced and expanded solution offerings this acquisition will provide. At present, there is no established worldwide leader in the market for complete Supply Chain and Transportation technology solutions, particularly for the small to medium sized market. By combining vSync’s market share with Accellos’ resources and capabilities, we will very quickly establish a leadership position in the markets we serve. The result will be increased opportunities for customers, partners, and employees.
Partners will benefit from having additional products to sell, expanded development of current products, and increased growth and stability of the parent organization.
At a company level, this acquisition will allow us to increase our competitive advantages. Additionally, it will enable us to continue our rapid growth and create an organization that retains and attracts the best employees, customers and partners.
Some of the many benefits to our customers of combining vSync with Accellos include:
Sustained commitment to Microsoft Dynamics, warehousing and distribution.
vSync has a long and impressive history of serving the EDI and shipping solution markets for small to medium business, particularly within the Microsoft Dynamics channel. Accellos is committed to maintaining and augmenting vSync’s well-respected solutions and expertise. In addition, you will now have access to Accellos’ full network of resources and technology.
Enhanced product functionality.
Accellos will leverage all available technologies within our product lines, creating additional solutions and value for our customers.
Stability, long-term investment and growth.
Accellos is a profitable, well-funded company with a proven management team, multiple offices throughout North America and a strong network of global distribution partners that includes hundreds of companies. The combined resources of Accellos and vSync allow us to better support our valued customers.
Will Accellos continue to support vSync’s product lines?
Accellos will continue to market and support vSync’s product lines and we will also invest in key vSync product initiatives as part of Accellos One. You will now have options from the complimentary pieces from all our current and future product offerings. vSync will become a key part of Accellos One, our supply chain suite of products. Technology investments our customers are making today will not be jeopardized in any way. In fact, as innovation leaders, we will be offering more capabilities and expansion due to our larger size and commitment to research and development.
Will there be changes to release dates and product road maps?
There will be no changes to committed release dates. Over the next few months, we will deliver to all of our customers a comprehensive product road map and overall technology strategy.
When will new products be made available?
We will be announcing a product roadmap within the first 90 days of the acquisition.
What happens to the name of vSync?
We believe the team at vSync has built a strong brand around the names vSync and vShip. The product line will continue in the short-term with vSync’s brand. vSync’s solutions will also become a component of Accellos One, providing you with even greater options for product functionality. The web site at vsync.com will transition to Accellos branding and product names but will continue to play a key role in our marketing strategy.
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