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ALPHARETTA, Ga., Jan. 07, 2016 (GLOBE NEWSWIRE) -- Aptean announced today the acquisition of AssetPoint, a leading provider of Computerized Maintenance Management Software / Enterprise Asset Management (CMMS / EAM) solutions. AssetPoint’s CMMS / EAM solution, TabWare, is utilized by organizations of all sizes and in many industries, including Oil & Gas, Discrete and Process Manufacturing, Food & Beverage, Chemicals and Metal Processing.

“The fact that AssetPoint and Aptean share many common customers coupled with AssetPoint’s market expertise and innovative offerings in Enterprise Asset Management make this acquisition a strong strategic fit,” said Kim Eaton, Aptean CEO. “AssetPoint’s mission-critical asset management solution is a natural extension to Aptean’s ERP software suite, enabling us to offer additional best-in-class solutions to our customers, while providing synergistic growth opportunities to both companies.”

“As a part of Aptean, we will be well positioned to provide more comprehensive and seamless enterprise software solutions to our customers by capitalizing on Aptean’s large-scale research and development capabilities, as well as their experience delivering technologically superior products to market,” said Mike Levine, President and CEO of AssetPoint. “We look forward to joining the Aptean team, leveraging their leadership and expertise and continuing to bring relevant and trusted software solutions to customers globally.”

AssetPoint’s TabWare product is a proven CMMS / EAM solution for managing assets, work orders, preventive maintenance, inventory and purchasing. With TabWare, companies can reduce operating costs and increase enterprise value by maximizing asset performance and improving maintenance efficiencies. TabWare is intuitive, easy to use and can be delivered on-premise or as SaaS. The TabWare solution brings full functionality with minimal time or resource investments.

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