TERMINALFOUR Pumps the Euros into Expansion

2 minute read
Barb Mosher Zinck avatar
CMSWire brought you news last September of TERMINALFOUR's updated ECM solution: Site Manager 6.0. With a new multilingual interface and over 50 enhancements which included compliance with the JSR 170 specification, this company seemed to be hinting strongly that they had big plans on the horizon.News today from the ECM vendor is that they are investing EUR3M into the company through a combination of private equity and retained profits. What are they going to do with the all that money?* Expansion into new markets in Europe, the Middle East and the US* Continued development of their content management solution* Development of international marketing plans* A move to a larger headquarters in DublinIn addition, TERMINALFOUR has announced the creation of twenty new skilled jobs over the next two years. These positions include developers, project managers, partner marketing and support personnel.Piero Tintori, managing director of TERMINALFOUR said, "As we transform ourselves from a regional market leader into a genuine international competitor, we will have to re-define our go-to-market strategy and add major new enhancements to our software platform."The decision to make this large investment is the result of strong growth in the UK and Ireland and an increase in demand from other markets. It certainly helps that TERMINALFOUR made the list of Deloitte's Technology Fast 50 List in 2007 for the sixth year in a row. This lists ranks the fastest-growing technology companies in the Republic of Ireland and Northern Ireland.If you live in the US or feel like taking a trip and want to see and learn more about TERMINALFOUR and their ECM solutions, you can visit them at the WebContent 2008 Summit in Chicago June 17 and 18, 2008.