|Weekly News Digest
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SydneyPLUS and Affiliates Combine to Form Lucidea
SydneyPLUS and its affiliates merged on June 10 to create Lucidea, a knowledge management (KM) software and solutions company with more than 2,300 clients worldwide. Lucidea will provide solutions to corporations, law firms, nonprofit organizations, government agencies, museums, and archives.
Lucidea is composed of SydneyPLUS, a developer that focuses on enterprise-level KM applications; Inmagic, a developer of KM, knowledge repository, and library automation products; Cuadra Associates, Inc.’s STAR program of KM software for multiple collection types; Questor’s ARGUS software suite for collections management, portal, and mobile app solutions; LawPort, a legal industry web foundation, portal, and KM application suite; LookUp Precision, a legal cost recovery and tracking system resource; and Incite Software Solutions, a developer of high-security email and management solutions.
All of the companies’ products will use the same names and have the same features, now with support from Lucidea. Many Lucidea customers use products from a variety of these companies, and Lucidea will offer “off-the-shelf integration” between several products, according to Phillip Green, Lucidea COO. The merger will allow the company to “explore additional integration options where it makes sense and to meet our customers’ needs.”
“Given the synergies among our products … we decided to merge into a single company with an integrated, cross-functional leadership team,” says Ron Aspe, Lucidea CEO. Instead of working with scattered management teams, the Lucidea corporate structure will be able to combine resources for more effective product development, marketing efforts, and implementation services, as well as opportunities to gain more customers.
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