Project Management Tools – consolidation time?

Deltek acquires Acumen - first of many?

More acquisitions in the PM Tools market to come?

Of interest today is the news that Deltek acquires Acumen, as Wall Street Journal amongst others reports.  This is clearly an opportunity for Deltek to strengthen it’s planning and schedule space and so a highly sensible acquisition.  The move brings Deltek into a full All-in-one PM Tool for enterprise.

However our thoughts now shift to the over proliferation of “me-too” basic project collaboration tools.  We start to wonder if the now is the time for many of the players to build customer base and market presence through some sensible M&A activity in the space.  Who has the hunger and backing to start the much needed consolidation, and would it make financial sense?

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