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TransPerfect Acquires Astoria Software
Date:4/26/2010

NEW YORK and SAN FRANCISCO, April 26 /PRNewswire/ -- TransPerfect, a world leader in translation services and technology, and Astoria Software, a leader in software-as-a-service (SaaS)/on-demand Component Content Management (CCM) software, today announced that they have completed a merger. The combination of Astoria and TransPerfect will significantly enhance the customer experience for a growing client base that is increasingly interested in achieving the maximum time- and cost-efficiencies in the authoring, translation, and publishing of global content. Financial details were not disclosed.

San Francisco-based Astoria Software will join the TransPerfect family of companies and will continue to be led by current CEO Michael Rosinski. Before joining Astoria, Michael was a founding member of American Software's management team, where he was responsible for growing revenues to more than $100 million and completing one of the first successful IPOs in the Enterprise Resource Planning (ERP) market segment.

According to TransPerfect Co-CEO Phil Shawe, "Astoria is one of most respected names in the CCM space. We couldn't be more delighted to welcome their entire team to TransPerfect. Following a partnership which was announced last November, we've had the pleasure of working closely with Michael Rosinski and his management team. Both companies share an unwavering commitment to providing innovative solutions to customers with complex content requirements. The cultural fit between Astoria and TransPerfect couldn't be
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SOURCE TransPerfect
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