Antalis South Africa (Pty) Ltd jubilant about Miles 33’s recent acquisition- 23-08-2011
Antalis South Africa (Pty) Ltd jubilant about Miles 33’s recent acquisition
Recently Miles 33 purchased Tera Italy and its subsidiaries in the UK and the US. Formed in 1990 Tera is the World’s leading suppliers of Editorial content management systems to Newspaper publishers with more than 300 customers over five continents.
In the 30 years since it’s inception Miles 33 has become the leading supplier of software, support and consultancy services to the publishing, legal and finance sectors. Today Tera offers a suite of Multimedia content management software to a wide audience including global newspapers. AVUSA in South Africa are a major user.
“Miles 33 is the perfect home for Tera,” said Keith Solomon of Antalis, distributor of Tera Software. “We are delighted with the move and believe that the combined companies will be the dominant player in the US, Europe and ultimately the rest of the world.”
“One of the key strategies of Miles 33 is of growth via acquisition and the purchase of Tera plays right into this giving the organisation an ever increasing global customer base and footprint from which to expand. The mix of innovative products, a strong industry focused management team and an impressive distribution network will help Miles 33 to achieve its goal of becoming the worlds largest supplier of Multimedia Content Management and Advertising CRM solutions for the modern media company. All this, in conjunction with our other product offerings and self service solutions, makes Miles 33 a compelling choice for any forward thinking Media or Publishing Company around the world.” added Michael Moore, CEO of Miles 33.
“I have been involved with Tera since their inception and, together, we’ve established them as the major content management system in Southern Africa.” said Keith Solomon, Director of Antalis.
“I have known Miles 33 for decades and, during this time, I’ve developed enormous respect for their product range. From our perspective this acquisition is fantastic as it broadens the range of software products that we can offer the media companies in Southern Africa.” concluded Solomon.
At a recent meeting in the UK that I attended, Miles 33 presented their road map for the extended product line and I was seriously impressed said Keith Solomon.