Agile Completes Eigner Buyout
Agile said it will use Eigner's technology to extend its product lifecycle management wares into new vertical markets.Agile Software Corp. said today it completed its acquisition of Eigner, a privately held product lifecycle management software maker. Under the terms of the agreement announced earlier this month, Agile issued 1,795 shares of common stock and paid nearly $3 million in cash for all Eigners outstanding shares.
"We are pleased that we completed the transaction so quickly, said Bryan Stolle, Agile CEO, in a statement. "We can now offer our combined customer base an even broader PLM solution."