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TerraXML announces partnership and sale of Arbortext business unit to EAC

LAFAYETTE, Colo., April 9, 2014 /PRNewswire/ -- TerraXML announces the sale of its PTC Arbortext services business unit to EAC Product Development Solutions (EAC). The business unit was tasked with customization and support of Arbortext implementations for organizations integrating dynamic authoring and publishing solutions to help create and manage technical information.

Historically, TerraXML and EAC have worked closely on projects requiring Arbortext publishing support. The acquisition of the TerraXML Arbortext services business unit enables EAC to perform this work independently, while maintaining a close partnership where TerraXML can now in turn rely on EAC for supporting future Arbortext deployments.

Bob Aidun, CEO of TerraXML noted, "The rapid expansion of TerraXML, as well as Service Lifecycle Management and Internet of Things markets, called for a strategic shift on how we focus our resources. In selling our Arbortext services business unit we can do just that. Importantly, TerraXML remains an active value added reseller in the PTC channel program, and we will continue to offer PTC Arbortext and PTC Windchill software in response to customer needs."

Helmuth Naumer, Executive Vice President of Sales and Marketing added to this saying, "The market for the TerraView software platform has seen considerable growth in the past year. The challenge is that strong growth requires supporting resources to be expanded in parallel. The sale of our PTC Arbortext services unit allows this to happen, without losing any of our capability to deliver solutions that include PTC products."

About TerraXML (http://www.terraxml.com): TerraXML provides cloud and mobile solutions that simplify how organizations interact with product, service, and operations information. Intelligently connecting IT systems and users through leading online and XML technology, TerraXML provides a single source of knowledge where users can intuitively find, record, and interchange up-to-date information.

About EAC Product Development Solutions (http://www.eacpds.com)Founded in 1996, EAC Product Development Solutions has maintained a focus on everything product development for more than fifteen years. Whatever an organization's product development or engineering initiatives, EAC is prepared to offer world-class tools and services to help ensure successful products are brought to market faster.

CONTACT: Kyle Herring, 1-888-707-7846 x225, [email protected]


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