nGeneraTM Corporation has finalized an agreement to sell assets of its subsidiary, Talisma Corporation, to Campus Management Corp.
Austin, TX – November 14, 2008 – nGenera Corporation today announced that it has finalized an agreement to sell assets of its subsidiary, Talisma Corporation, to Campus Management Corp. The assets include nGenera’s Talisma CRM software, the Talisma Higher Education business division based in Bellevue WA, and Talisma Corporation Pvt. Ltd., an operating unit Bangalore, India. Terms of the transaction were not disclosed.
The parties also announced agreements that will enable Campus Management to sell, integrate and support nGenera’s Knowledgebase software, which is widely used by customers deploying the Talisma CRM product. Campus Management will own the Talisma brand, and nGenera will retain ownership of Talisma’s CIM (Customer Interaction Management) software suite and business, including the Knowledgebase software, which aligns with its vision for on-demand business solutions. In effect, customers using Talisma CRM software will now be served by Campus Management, while nGenera continues to serve and expand its CIM line of business.
About Campus Management Corp.
More than 1,100 college and university campuses worldwide rely on Campus Management for efficient, scalable, and flexible administrative and academic solutions to enhance institutional performance. Campus Management’s One Campus Ecosystem platform is a fully integrated, centralized administrative and e-learning solution that unifies services, management and reporting for traditional and non-traditional postsecondary education. For more information, please visit www.campusmanagement.com.
Talisma Corporation is the leading provider of Constituent Relationship Management (CRM) solutions. Talisma improves constituent satisfaction by integrating the power of email, phone, chat, SMS text messaging, print, portal and application management with a robust and mature Web services platform, automated workflows, comprehensive analytics, and a system-wide knowledgebase. For more information, visit www.education.talisma.com.
nGenera Corporation serves the global 2000 with a combination of innovative research, executive education, and collaborative applications providing breakthrough capabilities in customer experience, talent management, and leadership performance. nGenera’s on demand business innovation platform includes market leading applications for Customer Interaction Management and Knowledgebase, Sales Management and Incentive Compensation, Talent Markets and Business Simulation. For more information, visitwww.ngenera.com.