Genius Solutions, a leading Canadian software company, has announced its acquisition of CDID, the developer behind Prextra ERP. This move not only elevates Genius Solutions’ status in the ERP software industry but also paves the way for expanded services and technology-driven growth across North America.
Genius Solutions Expands Team and Product Portfolio with CDID
With this acquisition, Genius Solutions is set for significant growth. The company will add over 100 CDID team members, bringing its workforce to more than 225 employees. This strengthened team will allow Genius Solutions to serve a wider range of customers and enrich its existing product portfolio. The move underscores Genius Solutions’ ambition to be a key player in the competitive North American ERP market.
Acquisition Unlocks New Markets and AI-Driven ERP Capabilities
The integration of Prextra ERP will unlock access to new industry verticals. Genius Solutions, renowned for its focus on manufacturing, now expands into distribution, project management, and services. Additionally, this partnership accelerates Genius’s investment in AI-driven ERP capabilities and automation, reinforcing the company’s reputation for delivering innovative solutions to complex business challenges.
Prextra ERP to Operate Under Genius Solutions with Ongoing Support
Prextra ERP will continue to operate under its own brand, now known as Prextra, a Genius Solutions company. Customers can expect ongoing support with no changes to service quality or development processes. Both organizations will collaborate closely, sharing best practices and aligning operations to ensure a smooth transition and deliver enhanced value to clients.
In summary, the acquisition of CDID and Prextra ERP marks a new chapter for Genius Solutions. The company’s growing team, broadened product lineup, and bold steps into AI-powered ERP signal a commitment to industry leadership and customer success across North America. This strategic move positions Genius Solutions at the forefront of ERP innovation for years to come.
Don’t miss our latest Startup News: Fibocom Achieves Historic Milestone with Successful HKEX Listing