Sopheon to acquire Alignent
Sopheon has signed a definitive agreement to acquire Alignent Software, which specializes in the provision of advanced product and technology roadmapping software for complex global companies.
The two companies report Alignent’s roadmapping software is an ideal complement to Sopheon’s existing product innovation process and portfolio management system. Vision Strategist, Alignent's flagship offering, allows the user to visualize and predict how external market and technology trends will impact product plans over time, enabling better decisions on future product direction. A principal advantage of the software, the companies say, is that it improves cross-functional communication and collaboration throughout the planning process.
Sopheon’s Accolade software enhances the execution of product plans by automating innovation process governance. Although the two applications will continue to be marketed separately, together they are said to constitute the industry’s first end-to-end strategic product planning software suite.
The cash-based transaction is expected to be finalized by the end of June.