SugarCRM Acquires iExtensions, the Market-Leading CRM for Lotus Notes

Company Founder and CEO John Carini Joins SugarCRM Executive Team

SAN FRANCISCO--(BUSINESS WIRE)--SugarCRM, the world’s fastest growing customer relationship management (CRM) company, has acquired iExtensions CRM from iEnterprises, Inc. for an undisclosed sum. The announcement was made here at SugarCon, SugarCRM’s annual customer, partner and developer conference.

“This acquisition accelerates our product strategy and allows our users to leverage the industry-leading features of iExtensions in their Sugar deployments.”

“We are committed to providing our users with the most cutting edge collaboration and social business solutions,” said Larry Augustin, CEO of SugarCRM. “This acquisition accelerates our product strategy and allows our users to leverage the industry-leading features of iExtensions in their Sugar deployments.”

For ten years iExtensions has been the leading CRM solution on the market for IBM Lotus Notes, and in 2010 was the winner of the Best in Lotusphere Showcase award. iExtensions CRM was built from the ground up on IBM Lotus collaborative technologies, and features a highly scalable and extremely configurable product architecture.

The newly acquired functionality adds enhanced support for IBM collaboration tools inside Sugar 6. The added features include native Notes support as well as Notes email and calendar plugins, and a connector to the IBM Domino product line. These added features to Sugar 6 create an industry-leading, complete collaboration suite inside the Sugar platform.

As part of the acquisition, iEnterprises CEO John Carini will join SugarCRM as Vice President of Collaboration Solutions, effective immediately, along with other key members of the development team. In addition, iEnterprises will continue to sell its iExtensions framework as a certified value-added reseller in the SugarCRM Open+ Partner Network.

Initial availability of the iExtensions functionality will be available in the Spring 2011 release of Sugar 6.

About SugarCRM

SugarCRM makes CRM Simple. As the world's fastest growing customer relationship management (CRM) company, SugarCRM applications have been downloaded more than nine million times and currently serve over 800,000 end users in 80 countries. Over 7,000 customers have chosen SugarCRM's On-Site and Cloud Computing services over proprietary alternatives. SugarCRM has been recognized for its customer success and product innovation by CRM Magazine, InfoWorld, Customer Interaction Solutions and Intelligent Enterprise.

For more information, call [phone] or 1 87 SUGARCRM toll-free in the US, email [e-mail], or visit http://www.sugarcrm.com.