Trump Administration Reviews Nvidia H200 Chip Sales to China, Marking Major Shift in U.S. AI Export Policy 
Dina Powell McCormick Resigns From Meta Board After Eight Months, May Take Advisory Role 
Union-Aligned Investors Question Amazon, Walmart and Alphabet on Trump Immigration Policies 
Boeing Seeks FAA Emissions Waiver to Continue 777F Freighter Sales Amid Strong Cargo Demand 
Bridgewater Associates Plans Major Employee Ownership Expansion in Milestone Year 
Maersk Vessel Successfully Transits Red Sea After Nearly Two Years Amid Ongoing Security Concerns 
Citi Appoints Ryan Ellis as Head of Markets Sales for Australia and New Zealand 
Republicans Raise National Security Concerns Over Intel’s Testing of China-Linked Chipmaking Tools 
Oracle Stock Surges After Hours on TikTok Deal Optimism and OpenAI Fundraising Buzz 
Volaris and Viva Agree to Merge, Creating Mexico’s Largest Low-Cost Airline Group 
OpenAI Explores Massive Funding Round at $750 Billion Valuation 
LG Energy Solution Shares Slide After Ford Cancels EV Battery Supply Deal 
Sanofi’s Efdoralprin Alfa Gains EMA Orphan Status for Rare Lung Disease 
FedEx Beats Q2 Earnings Expectations, Raises Full-Year Outlook Despite Stock Dip 
Delta Air Lines President Glen Hauenstein to Retire, Leaving Legacy of Premium Strategy 
Elon Musk Wins Reinstatement of Historic Tesla Pay Package After Delaware Supreme Court Ruling 
Nike Shares Slide as Margins Fall Again Amid China Slump and Costly Turnaround 
ALPHARETTA, Ga., Jan. 07, 2016 (GLOBE NEWSWIRE) -- Aptean announced today the acquisition of AssetPoint, a leading provider of Computerized Maintenance Management Software / Enterprise Asset Management (CMMS / EAM) solutions. AssetPoint’s CMMS / EAM solution, TabWare, is utilized by organizations of all sizes and in many industries, including Oil & Gas, Discrete and Process Manufacturing, Food & Beverage, Chemicals and Metal Processing.
“The fact that AssetPoint and Aptean share many common customers coupled with AssetPoint’s market expertise and innovative offerings in Enterprise Asset Management make this acquisition a strong strategic fit,” said Kim Eaton, Aptean CEO. “AssetPoint’s mission-critical asset management solution is a natural extension to Aptean’s ERP software suite, enabling us to offer additional best-in-class solutions to our customers, while providing synergistic growth opportunities to both companies.”
“As a part of Aptean, we will be well positioned to provide more comprehensive and seamless enterprise software solutions to our customers by capitalizing on Aptean’s large-scale research and development capabilities, as well as their experience delivering technologically superior products to market,” said Mike Levine, President and CEO of AssetPoint. “We look forward to joining the Aptean team, leveraging their leadership and expertise and continuing to bring relevant and trusted software solutions to customers globally.”
AssetPoint’s TabWare product is a proven CMMS / EAM solution for managing assets, work orders, preventive maintenance, inventory and purchasing. With TabWare, companies can reduce operating costs and increase enterprise value by maximizing asset performance and improving maintenance efficiencies. TabWare is intuitive, easy to use and can be delivered on-premise or as SaaS. The TabWare solution brings full functionality with minimal time or resource investments.
About AssetPoint
For more than 30 years, AssetPoint has been a leading provider of CMMS / EAM solutions helping customers control their operations, reduce maintenance costs, optimize spare parts inventory, streamline procurement and provide greater visibility for improved management, command and control over their assets. Designed by maintenance professionals for maintenance professionals, the TabWare platform is easy to learn, easy to use and has helped tens of thousands of users manage their critical assets. AssetPoint’s customers include leading Food & Beverage, Oil & Gas, Chemical, Mining & Metals, Industrial Manufacturing and a variety of other companies throughout the world. AssetPoint is headquartered in Greenville, SC and prior to the sale to Aptean was a portfolio company of Triton Pacific Capital Partners. For more information, visit www.assetpoint.com.
About Aptean
Aptean is a leading provider of industry-focused mission critical enterprise software solutions. We build and acquire solutions to support the evolving operational needs of our customers. Our solutions help nearly 5,000 organizations stay at the forefront of their industries by enabling them to operate more efficiently, thereby ensuring higher customer satisfaction. For more information, visit www.aptean.com.
FOR MORE INFORMATION Media Relations Melissa Floyd, Aptean [email protected]
