Consona Corporation
| Company type | Private |
|---|---|
| Industry | Enterprise software |
| Founded | 1986 |
| Fate | Merged with CDC Software to form Aptean in 2012 |
| Headquarters | Indianapolis, Indiana , United States |
| Products | ERP software, CRM software |
Consona Corporation (previously known as M2M Holdings Inc.) was a software firm located in Indianapolis, Indiana, with a focus on enterprise software designed to streamline business operations.
Company history
Originally established in 1986 under the name Made2Manage Systems, Consona became privately held after its acquisition by the venture capital firm Battery Ventures in 2003. At that point, the company specialized in providing ERP software solutions and related services targeted at small to mid-sized manufacturing businesses.
Mergers and acquisitions
From 2003 through 2006, Consona grew through the purchase of seven ERP product lines: DTR, Cimnet Systems, AXIS, Encompix, Intuitive, Relevant, and SupplyWorks. In 2005, private equity firm Thoma Cressey joined Battery Ventures as a secondary investor.
In 2006, Consona expanded into the customer relationship management (CRM) sector by acquiring Onyx CRM, followed by the addition of KNOVA’s service and support knowledge management system, leading to the creation of its Consona CRM division.
To better represent its broader portfolio beyond Made2Manage ERP, M2M Holdings adopted the name Consona Corporation in early 2007.
The company further broadened its reach in 2008 by acquiring Configuration Solutions and establishing Consona Canada through the purchase of Automated Design Systems’ Intuitive-related assets. Additionally, it entered the Chinese market by acquiring VAR-related assets and launching operations as Consona China.
Growth continued with the 2009 acquisition of SupportSoft’s enterprise software assets. In 2010, Consona acquired Compiere, an open-source ERP provider, marking its initial venture into cloud-enabled ERP solutions and expanding into the distribution sector.
On August 7, 2012, Consona combined forces with CDC Software to form Aptean.
In 2022, Consona strengthened its position in open-source and cloud-based ERP software by reacquiring Compiere Inc.
References
- Articles with short description
- Defunct companies based in Indianapolis
- Privately held companies based in Indiana
- Software companies based in Indiana
- ERP software companies
- Customer relationship management software companies
- Software companies established in 2003
- Defunct software companies of the United States