BetterManagement.com Knowledge Portal to be Acquired By SAS
CARY, N.C.--March 6, 2002--
SAS, the leader in business intelligence, today announced that is has entered into a definitive agreement to acquire BetterManagement.com, the leading performance management Internet information portal and a subsidiary of ABC Technologies.
The transfer of ownership of BetterManagement.com is part of the upcoming acquisition of ABC Technologies by SAS.
BetterManagement.com delivers content from renowned thought leaders in the form of white papers, articles, seminars and interactive e-classes from leading educational institutions. Harvard Business School's Working Knowledge portal has hailed it as a foremost Internet source for unbiased information for improving organizational performance. The Web site has recorded more than 7 million hits per month and currently has more than 50,000 registered members. BetterManagement.com will operate as an independent, wholly owned subsidiary of SAS.
"By gaining backing of SAS, we gain the domain expertise of the leading provider of business intelligence and strategic performance management applications," said Jeanette Hansen-Slepian, president of BetterManagement.com. "Enterprisewide business intelligence is at the forefront of today's technology needs. Through content providers and other industry experts and thought leaders, we are able to help decision makers understand the solutions available to address their business pains and spend their technology dollars more effectively."
"BetterManagement.com is an incredibly powerful thought machine in the business technology space," said Jim Davis, senior vice president of worldwide marketing at SAS. "This is clearly the leading performance management destination on the Web. We are committed to allowing the site to maintain its independence and to grow and enhance the thought leadership and vision in the area of performance management."
BetterManagement.com aggregates content from more than 200 leading organizations, including Harvard Business School's Working Knowledge, The McKinsey Quarterly, and University of Pennsylvania's Knowledge@Wharton. Membership to BetterManagement.com is free, and provides access to white papers, Web seminars, articles, audio/video presentations, and a bookstore with thousands of performance management titles.
BetterManagement.com (www.BetterManagement.com) is the leading performance management Internet portal. It enables managers to optimize individual performance and organizational performance through better management decisions. The digital resource provides content from industry-leading sources on performance measurement, active enterprise management (AEM(TM)), profitability analysis, cost management, business process planning and value collaboration
SAS is the market leader in providing a new generation of business intelligence software and services that create true enterprise intelligence. SAS solutions are used at more than 38,000 sites -- including 99 of the top 100 businesses on the Fortune 500 -- to develop more profitable relationships with customers and suppliers; to enable better, more accurate and informed decisions; and to drive organizations forward. SAS is the only vendor that completely integrates leading data warehousing, analytics and traditional BI applications to create intelligence from massive amounts of data. For 25 years, SAS has been giving customers around the world The Power to Know(TM).
SAS and all other SAS Institute Inc. product or service names are registered trademarks or trademarks of SAS Institute Inc. in the USA and other countries.(R)indicates USA registration. Copyright(c)2002 SAS Institute Inc. Cary, NC, USA. Other brand and product names are trademarks of their respective companies.
--30--PS/ch* CONTACT: SAS Institute Bobbi Harris or George Farthing, 919/531-8463 Bobbi.Harris@sas.com