QAD acquires quality management firm Cebos
North American manufacturing business software firm QAD has acquired Michigan-based Cebos, which develops quality management and regulatory compliance solutions, for $5.0 million cash.
Cebos will now operate as a division of QAD, similar to its Precision and DynaSys divisions.
QAD chairman and president Pamela Lopker says the firm plans to build on Cebos' existing markets and expand uptake of quality management software among its global customers.
"We are pleased to welcome Cebos into the QAD organisation and are excited to enhance our quality management functionality with a proven best-in-class solution," she comments.
And Bob Herdoiza, CEO of Cebos, who will now lead QAD's Cebos division, adds: "We feel that our expertise combined with QAD's commitment and global reach will allow us to reach new potential with the Cebos MQ1 family of products."
