SDL International, a provider of Global Information Management (GIM) solutions, has signed an agreement subject to, inter alia, shareholder approval to acquire Tridion, a provider of Web Content Management (WCM) solutions. Under the terms of the agreement, SDL will pay $94 million, which includes $22 million of cash in the Tridion business. The transaction is expected to close in May 2007.
Through the integration of SDL's Translation Management System with Tridion's WCM system, SDL and Tridion will deliver a Global Web Content Management solution that allows corporations to communicate and interact with global audiences in multiple languages. This is achieved by integrating Tridion's BluePrinting technology and SDL's TMS technology to manage the complex translation supply chain to create and maintain multilingual content for global companies.