On September 1, 2011, Answers Systems was acquired by AFS Technologies. AFS Technlogies Inc. is the leading provider of business enterprise and Software as a Service (SaaS) solutions. The company serves over 1,200 customers across the Americas with a portfolio of solutions for the food and beverage, supply chain, and financial segments. AFS Supply Chain Solutions and AFS Food & Beverage Solutions are designed to reduce costs, improve efficiency, increase sales and margins, streamline internal processes, and assist in regulatory compliance; including data synchronization to GS1. All AFS solutions utilize service-oriented architecture (SOA) built with Microsoft .NET framework technology. With a focus on modular design, the solutions allow customers in manufacturing, sales agencies, distribution, and complex software companies the flexibility to upgrade specific elements of the software without affecting the rest of the system. To match the needs of our diverse customer base, products are available on both a license and true SaaS model basis.
"The merger with AFS will allow Answers to expand the scale of products and services that was my vision in building Answers," said Bud Hilton, Founder and CEO of Answers. "I will continue to work with AFS to build the vision that we both share," he added.
AFS Technologies also acquired Synectics Group Inc. on September 1, 2011. Synectics Group has been focused on focused on helping CPG manufacturers manage and get more ROI from trade promotion spending for over 25 years.
Read the AFS Technologies press release to learn more about this exciting new chapter for Answers Systems.