Tous Actualités
Suivre
Abonner Software AG

Software AG

EANS-News: Software AG
Software AG has already acquired more than 75% of IDS Scheer AG

Darmstadt (euro adhoc) -

  Corporate news transmitted by euro adhoc. The issuer/originator is solely
  responsible for the content of this announcement.
Mergers - Acquisitions - Takeovers
Software AG has already acquired more than
75% of IDS Scheer AG
•       The acquisition process is on track
•       An additional Offer Period of two weeks is expected to start on
September 24, 2009
•       Future integration steps may include a domination agreement as basis for
joint business operations
Darmstadt, Germany, 23-09-2009: Software AG today announced that it 
now has secured over 75% of the shares of IDS Scheer AG through its 
wholly owned subsidiary SAG Beteiligungs GmbH after the first Offer 
Period. The first Offer Period closed on Friday, September 18th and 
an additional Offer Period of two weeks is expected to start on 
September 24, 2009. Future integration steps may include a domination
agreement as basis for joint business operations.  Joint operations 
will allow both companies to address the new business opportunities 
that formed the rationale of the acquisition. This includes product 
and services cross-selling to a significantly larger customer base, 
leveraging IDS Scheer´s consulting services expertise and address 
larger customer projects in key markets.
"We are extremely pleased that we may now start the preparation of 
aligning our operations to gain additional business opportunities" 
said Software AG CEO, Karl-Heinz Streibich. "This acquisition is 
focused on growth for all our business areas and I am happy that we 
may now demonstrate the benefits of joining forces to our customers, 
investors and employees."
Software AG, through its wholly-owned subsidiary SAG Beteiligungs 
GmbH, continues to offer remaining IDS Scheer share holders EUR15 a 
share. An additional offer period of two weeks will start after the 
final result of the first offer period has been published.
"We are happy with the very positive response to our offer so far", 
said CFO Arnd Zinnhardt. "The acquisition process is on track and we 
expect a further uptake of our offer during the additional offer 
period. We have passed an important milestone and look forward to 
realizing synergies."

Further inquiry note:

Cheryl Hawkins <Cheryl.Hawkins@softwareag.com>
Senior Manager, Public Relations
Telephone +1 703-674-4115
Fax +1 703-674-4061
Norbert Eder <Norbert.Eder@softwareag.com>
Vice President Corporate Communications
Telephone +49 (0) 6151-92-1146
Fax +49 (0) 6151-92-1444

Branche: Software
ISIN: DE0003304002
WKN: 330400
Index: TecDAX, CDAX, HDAX, Prime All Share, Technologie All Share
Börsen: Frankfurt / regulated dealing/prime standard
Berlin / free trade
Hamburg / free trade
Stuttgart / free trade
Düsseldorf / free trade
Hannover / free trade

Plus de actualités: Software AG
Plus de actualités: Software AG
  • 14.07.2009 – 07:07

    EANS-News: Software AG announces IDS Scheer AG takeover offer

    Corporate news transmitted by euro adhoc. The issuer/originator is solely responsible for the content of this announcement. merger, acquisition and takeover Darmstadt (euro adhoc) - - The merger will establish a new global player in infrastructure software and Business Process Management (BPM) - Software AG will make a cash offer for all outstanding shares of EUR15 per share - IDS Scheer founder Prof. Dr. Dr. ...

  • 13.07.2009 – 21:26

    EANS-Adhoc: Software AG announces tender offer for IDS Scheer

    ad-hoc disclosure pursuant to section 15 of the WpHG transmitted by euro adhoc with the aim of a Europe-wide distribution. The issuer is solely responsible for the content of this announcement. 13.07.2009 Darmstadt, 13 July 2009 - Software AG (TecDAX, ISIN DE 0003304002 / SOW) today signed a contract with Prof. Dr. Dr. h.c. mult. August-Wilhelm Scheer and Prof. Dr. Alexander Pocsay relating to the sale of a ...

  • 16.03.2009 – 16:38

    EANS-News: Software AG / Software AG appoints Ivo Totev to the Executive Board

    ots.CorporateNews transmitted by euro adhoc. The issuer is responsible for the content of this announcement. professional career Darmstadt (euro adhoc) - Darmstadt, Germany, 16-03-2009 - Software AG has appointed Ivo Totev to the Executive Board with responsibility for Professional Services worldwide. Ivo Totev has more than fifteen years experience in the ...