P&I rounds off product portfolio
Wiesbaden (euro adhoc) -
HR specialist to take over personnel leasing solution and human resources division of ecosys
ots.CorporateNews transmitted by euro adhoc. The issuer is responsible for the content of this announcement.
merger, acquisition and takeover
With effect as of April 1st, 2008, P&I GmbH, Vienna, will be taking over E-PM and eco-STAFF, the HR business divisions of ecosys Informationstechnologie Gesellschaft m.b.H., Steyr.
ecosys is a Microsoft partner and a supplier of ERP solutions for the SME sector in Austria. ecosys is hiving off its human resources business divisions for strategic reasons. In the future the companies of the FWI Group, which ecosys also belongs to, will concentrate on their core business. The plan foresees jointly offering a total business management solution together with P&I GmbH and also tailoring this to international requirements - from business management process support to human resources.
As a result of the takeover of the E-PM business division - the human resources management solution of ecosys - P&I will be taking over about 80 customers in the SME sector - primarily in the public sector. "This will result in interesting synergy effects for P&I through the P&I HCM product", remarked Manfred Nagl, the managing director of P&I GmbH, Vienna.
By purchasing eco-STAFF - an industry business solution for manpower providers that covers the complete business process from the distribution and deployment planning function including performance documentation, as well as corporate management - P&I GmbH will be supplementing its portfolio for this promising business area. "Furthermore, P&I will be gaining a highly attractive staff of employees with a high level of specialist knowledge and an excellent understanding of the human resources processes that have to be mapped", says Nagl. "For us the location in Steyr and the resulting customer proximity with regard to the existing and target market in Upper Austria are additional factors in favour of this investment in the future".
Nagl primarily regards the product supplements as an attractive opportunity to develop new business options - especially within the strategic partnership with the corporate group of FWI Information Technology Gesellschaft m.b.H. and at the international level.
The eleven employees of the HR business division of ecosys will be taken over by P&I GmbH and will thus be integrated into a stock exchange listed and independent corporate group with a European orientation.
The parties have agreed to maintain secrecy with respect to the amount of the purchase price.
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ecosys Informationstechnologie Gesellschaft m.b.H. -------------------------------------------------- ecosys is an all-inclusive provider of IT solutions for the retail sector, service companies and production operations, as well as the public sector in Austria and Germany: in addition to the requisite know-how and intensive customer care and service, it also supplies the product portfolio for economic corporate success. FWI Information Technology Gesellschaft m.b.H., which consists of the ecosys, Solution factory, SWS and Powerdat companies, is the market leader in the Microsoft AX area.
P&I - Your partner for integrated HR-Solutions ---------------------------------------------- With more than 3,000 customers in all business sectors, P&I is one of the leading suppliers of innovative software solutions for human resource management. The solutions of P&I cover the entire bandwidth of human resources management and can be utilised at the international level and in all business sectors. With its many years of experience, P&I is a reliable partner in conjunction with system integration and implementation. Furthermore, customers also benefit from consulting and training through the P&I Academy. P&I operates with more than 300 employees. Its head office is in Wiesbaden. In Germany it serves the market at the regional level through five branch offices. In the rest of Europe P&I is represented by national companies in Switzerland and Austria as well as through co-operation partners. P&I is stock exchange listed in the Prime Standard segment of the Frankfurt Stock Exchange.
end of announcement euro adhoc
Further inquiry note:
Corinna Stange
cstange@pi-ag.com
+49 611 7147 325
Branche: Software
ISIN: DE0006913403
WKN: 691340
Index: CDAX, Prime All Share, Technologie All Share
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