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Press Release: Knosys [December 15, 2020]

GreenOrbit to maintain brand and business under acquisition by Knosys Limited

GreenOrbit is excited to announce its upcoming acquisition by innovative provider of Software as a Service (SaaS) Knowledge Management solutions, Knosys Limited

Under the agreement the GreenOrbit brand and business will continue to operate under Knosys ownership following the upcoming acquisition. For GreenOrbit clients it represents business as usual with the added benefit of access to Knosys' knowledge management solutions.

GreenOrbit's customers will benefit from the extended product portfolio focused on personalised delivery of information, Knosys' advanced machine learning and search capabilities and the expanding feature set driven by global customers. Knosys will also be able to offer its enterprise grade implementation services and security & compliance processes to GreenOrbit's international customer base.

By joining forces, the combined businesses will provide a diversified product offering, leverage global support operations and focus on product innovation based on highly complementary technology stacks.

The company remains Australian owned and GreenOrbit's management team will continue with the business, now supported by the experienced executive team of Knosys.

Knosys' Managing Director, John Thompson, said:

"GreenOrbit will accelerate the growth of Knosys' Intelligent information management and workplace platform by delivering an exciting new solution to current and future customers. This acquisition fast-tracks our product roadmap with an aligned technology solution. The global market for corporate SaaS solutions is expanding rapidly, driven by increased demand for digital workplace ‘cloud' solutions and the increasing need for high employee efficiency, engagement, and greater flexibility in operations."

Mr Thompson added:

"The combination of the joint capabilities of GreenOrbit and Knosys will create an enhanced information management and digital workplace solution company which Knosys is confident should open up greater opportunities."

Knosys is an Australian cloud software company that is simplifying enterprise knowledge to improve the productivity of employees and improve customer experience. Knosys' KnowledgeIQ software and KIQ Cloud service are transforming the digital workplace by ensuring all forms of knowledge is accurate, relevant to the user, compliant and easy to find. It is an organisation-wide solution for all industries, trusted by businesses and enterprises in the banking, telecommunications, and government sectors


Summary: GreenOrbit is excited to announce its upcoming acquisition by innovative provider of Software as a Service Knowledge Management solutions, Knosys Limited. Under the agreement the GreenOrbit brand and business will continue to operate under Knosys ownership following the upcoming acquisition. For GreenOrbit clients it represents business as usual with the added benefit of access to Knosys' knowledge management solutions.
Publication Year:2020
Type of Material:Press Release
LanguageEnglish
Date Issued:December 15, 2020
Publisher:Knosys
Company:
Company: Knosys
Subject: Mergers and acquisitions
Permalink: https://librarytechnology.org/pr/26577

LTG Bibliography Record number: 26577. Created: 2021-08-12 07:43:25; Last Modified: 2021-08-12 07:43:56.