TMW Systems Has a Great Third Quarter, Thanks to Maddocks Acquisition
November 6, 2006 Timothy Prickett Morgan
Trucking software supplier and long-time i5/OS and OS/400 platform promoter TMW Systems had its first quarter of sales with the combined operations of TMW Systems and Maddocks Systems, the competitor it acquired in early September. According to the company, which is privately held (more on that in a second), the new-and-improved TMW Systems posted sales of $11.3 million in the quarter, an increase of 27 percent for the combined operations a year ago. Driving sales during the quarter were 34 deals for software licenses to the TMWSuite and TruckMate suites to new customers. “While our financial reports are interesting, our |