SAI Global acquires GRC solutions provider
Melbourne, 6 March 2008 -
SAI Global Limited (ASX: SAI) has acquired the operating assets of governance,
risk and compliance (GRC) software solutions provider, 80-20 Software Pty Limited,
and its North American subsidiary, 80-20 Software Inc.
The combination of expertise and products will enable
immediate expansion of the portfolio of GRC capabilities and breadth of skills SAI
Global can offer to its clients globally.
SAI Global’s Chief Executive, Tony Scotton,
said “80-20 provides a natural fit with the company’s existing product
offerings in this space, and importantly will cement SAI’s leadership
position in the Australian market and enhance SAI’s ability to penetrate
the North American and European markets”.
80-20’s Mark Ross said he was “delighted
that the 80-20 team would be joining SAI and were looking forward to
exploiting the opportunities that will emerge for the combined business
both domestically and internationally”.
The Acquisition:
- Expands the portfolio of SAI Global’s GRC capabilities and product offerings
- Brings strong customer relationships with leading Australian and North American organisations
- Facilitates SAI’s planned rollout of its GRC management solutions in
North America through its established operation in the US market
Overview of 80-20
Based in Melbourne, 80-20 started as a document management company in 1997 and moved into the GRC space in 2003. Since then it has developed an innovative and integrated suite of solutions that provide cost effective solutions which enable organisations to meet the various regulatory, industry and community obligations governing their business.
Its flagship product, Leaders4, delivers one automated tool for integrating all dimensions of a corporation’s GRC program, eliminating unnecessary solution fragmentation, standardising processes and driving down the cost of governance, risk and compliance programs.
SAI Global Compliance
SAI Global provides an extensive range of solutions and services in the areas of compliance, regulation, ethics, risk management and corporate governance solutions:
- Newsfeeds and alerts on key compliance and regulatory topics
- Enterprise compliance and risk management solutions
- An extensive library of learning and awareness solutions delivered largely through the web
- Learning solutions supported by a Learning Management System providing both audit and compliance learning management capability
Enquiries
Lin Kan, Head of Marketing, Compliance APAC: +61 2 8206 6856
Tia Smallwood, Director Marketing, Compliance Americas: +1 609 955 5135
Kate Dodds, Marketing Manager EMEA, Compliance: +44 (0)1926 854111
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