Thursday, 1st June 2006
(Lancaster, UK - Ottawa Canada) Entropy International Ltd, the world’s leading provider of risk, compliance and performance management software solutions, today announced that it has been acquired by BSI – the global standards and certification body.
The acquisition will provide extensive domain expertise and global reach for Entropy International’s integrated web-based suite of tools for assessing and managing risk, performance and compliance. As an independently operating division within BSI, Entropy will gain further advantage from the backing of such a large, well-known, established and financially strong parent.
Entropy’s offering is highly complementary to BSI’s portfolio of business services products. BSI, which operates in 86 countries, is a world leader in the development of bespoke standardization solutions and the delivery of management systems standards assessments. BSI’s reputation and expertise in a wide range of current and new standards areas – such as risk and continuity management, information security management, relationship management and corporate social responsibility – will considerably broaden the application of the comprehensive Entropy software system.
Hewitt Roberts, CEO of Entropy International
& Stevan Breeze, CEO of BSI, shake on the deal
Commenting on the announcement, Stevan Breeze, CEO of BSI Group said: “This acquisition adds an important new dimension to the range of business solutions services which we offer. Entropy is continually developing its systems to maintain a ‘best of breed’ position in its market – through technical development, expansion of its expert knowledge base and its growing span of integrated applications. Becoming part of BSI can only accelerate this process as they join an organization with an established global infrastructure and reputation. We are delighted to welcome Entropy International to the BSI Group.”
According to Hewitt Roberts, CEO of Entropy International, “This is a hugely positive move for Entropy International and all of our stakeholders. This acquisition substantiates our market-leading position, will add strength and longevity to Entropy International and moves the Entropy System one step closer to being the de facto global standard for enterprise risk, compliance and performance management software.”