Wednesday, June 07, 2006

M2CRM

So the MS-PEGGY managing Made2Manage has entered a white knight bid for Onyx CRM. Good news for the Onyx board, who didn't really like CDC's offer and subsequent behavior. Managing Automation coverage here, local Seattle angle here.

But get this from the Onyx CEO. I've got to hope she was misquoted somehow:

With stronger monetary support from Battery Ventures and Thoma Cressey, the deal would make Onyx a larger player in the business, Anderson said. Customers need to have competition in the realm of enterprise product lines.

"I think that this kind of consolidation ... is very good for clients because clients need choices," she said.


Umm... don't rollups like the MS-PEGGIES give clients fewer choices?