RealTime IT News

IntraNet Solutions Gains Momentum in Europe

Heeding the call from research firms that are extremely bullish on enterprise portals overseas, IntraNet Solutions Inc. bought InfoAgent Solutions BV Wednesday for an undisclosed sum.

However, the firms did say the play was a cash transaction, anticipated to be accretive, and will make InfoAgent a wholly-owned subsidiary of IntraNet Solutions.

An integrator of IntraNet Solutions' software products throughout continental Europe for the past two years, InfoAgent sells Web content management products to a number of high-profile customers including Audi, Pink Roccade, ING Barings, the Dutch Parliament and Loeff-Claes Verbeecke.

Once the deal closes IntraNet Solutions will boost its sales and support staff and have access to InfoAgent's extensive international client base which includes resellers and system integrators in the Netherlands, Belgium, Luxembourg, France, Italy, Spain, Germany, Switzerland and Austria.

Minnesota-based IntraNet Solutions' bread and butter is its Xpedio Content Management System, whose Publisher software makes it possible for developers to translate business documents into Web pages.

"InfoAgent's credibility in the European market and previous experience and knowledge of IntraNet Solutions' products will help deliver our successful Xpedio Content Management System to global markets," said Robert Olson, president and chief executive officer, IntraNet Solutions.