Centric Software, a Campbell, CA-based product lifecycle management (PLM) company, acquired Contentserv, a Rohrbach, Germany-based provider of product information management (PIM) and product experience management (PXM) solutions, for an enterprise value of EUR 220M.
The amount of the deal – due to close in the coming weeks subject to regulatory approval and other customary conditions – was not disclosed.
With how acquisition, Centric Software will expand its offerings.
Founded in Germany in 2000 and led by CEO Michael Kugler, Contentserv enables fast-moving consumer goods and other companies to create and manage product content iby means of AI to optimize consumer experiences across all digital sales channels. The company serves over 1600 customers in 90 countries.
Led by CEO Chris Groves, Centric Software provides enterprise solutions to plan, design, develop, source, price and sell products such as apparel, fashion, home, footwear, sporting goods, consumer electronics, cosmetics, food and beverage and luxury to achieve strategic and operational digital transformation goals.
FinSMEs
25/02/2025