XyEnterprise Goes for $15 Million
July 1, 2009
Publishing companies relied on specialized, expensive, and very exotic systems to make magazines, books, technical manuals, and other serious types of documents. Then along came Word—unstable, unable to number, and miserable at layout. Then along came long document software for the desktop computer. Within the last five years, the number of low cost, free, subscription, host, and open source publishing systems have flooded into the Beyond Search computer lab in a damp hollow in Kentucky. The addled goose relies on the aging Framemaker program and when he has sufficiently low blood pressure the whizzy Adobe InDesign.
Life became tough for the specialized high end developers of bespoke publishing systems. These software systems cost six figures or more and could create a footnote that could occupy most a book page. Today’s software decides where to put the footnote and how long it may be, thank you. Most folks don’t get too bogged down in footnotes because the systems available in Word and InDesign can be quite challenging to manage.
Trading Markets reported that XyEnterprise is now part of a global integration company. The name of the company is now SDL XySoft. What’s interesting to me is that venerable company changed hands for $15 million. “SDL Acquires XyEnterprise for $14.7 Million” reported:
The acquisition is being funded from SDL’s existing cash resources. A global business, XyEnterprise has a turnover of $9.9 million.
I think that other content management companies will face a similar bargain basement sale price or simply fold up their tent and move to another business sector. Why? Check out free content management systems in Coding Cow. Alternatively, look at SquareSpace.com. The writing is on the wall in our office in Harrod’s Creek. You can follow SDL XySoft on Twitter, which will definitely generate some new sales here in Kentucky.
Stephen Arnold, July 1, 2009
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