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euro adhoc: Beta Systems Software AG
Mergers - Acquisitions - Takeovers
Systems acquires DETEC Group
-------------------------------------------------------------------------------- Disclosure announcement transmitted by euro adhoc. The issuer is responsible for the content of this announcement. --------------------------------------------------------------------------------
- Extension of product portfolio for data centers to create a complete process chain ranging from the creation to the distribution of documents - Strategic investment in a growth market
Berlin, December 22, 2008 - Beta Systems Software AG (BSS, ISIN DE0005224406) has today announced the acquisition of all shares in DETEC Decision Technology Software GmbH and DSP DETEC Software Products GmbH, Rüsselsheim, with effect as of January 1, 2009. The management and supervisory board of Beta Systems, as well as the shareholders and management of the DETEC companies, have reached agreement today concerning the key aspects of the intended acquisition, and have signed a purchase agreement. Both DETEC companies will continue to be operated independently, and with an expanded management base. The two managing shareholders responsible for technology and sales at DETEC have pledged that they will continue to provide their cooperation for a transition period until the successful integration. In addition, Harald Podzuweit, General Manager of the Data Center Infrastructure (DCI) and Identity Management (IdM) business lines at Beta Systems, will assume responsibility for management. DETEC´s portfolio comprises products to generate optically high-quality and sophisticated documents in the output management area through the formatting of output data. The intention is that the products, and the personnel involved with their development, sales and service, will continue to be managed as an independent line and unit, and be allocated to the DCI/IdM division in both product and financial terms. Beta Systems is consequently underscoring its long-term commitment to Rüsselsheim as a location. Confidentiality has been agreed with respect to the further details of the purchase agreement. The acquisition is being funded from both debt and equity.
End of the unscheduled announcement
Issuer´s remarks and explanatory notes to this unscheduled announcement: "We are gaining over 400 customers in the German-speaking region, with what are for us largely new contacts in various corporate divisions," commented Kamyar Niroumand, CEO of Beta Systems Software AG, before going on to add: "This acquisition is an important strategic building block for us in our infrastructure software portfolio, while also representing a good investment in an established product, and a solid, profitable software company. We anticipate that it will make a positive contribution to revenue and earnings from as early as the 2009 financial year."
With the combination of the products LaserSoft/DoXite and Beta 93, Beta Systems´ breadth of expertise will expand from a distribution- and print-centered solution to a complete process chain that ranges from the preparation to the distribution of documents. A complete range of solutions is targeted at both specialist departments within companies and specialists within data centers. Beta Systems will consequently offer its customers in both the decentralized open systems and SAP environments a portfolio that in future covers all functional building blocks within an integrated output product family, from formatters all the way through to printer management. The core DETEC product, Lasersoft/DoXite, formats graphical documents from data, texts, and layouts. The product serves as a type of preliminary step to the Beta Systems products Beta 93 and Beta UX, which are used to distribute completed documents within data centers. Lasersoft/DoXite produces many types of documents for various output media, and in a company´s individual layout. It processes Unicode, and can be deployed on a global scale. Source data from various applications are automatically transformed into structured documents, or into other required data formats such as XML, PDF, or HTML for other types of communication (B2B or B2C). Harald Podzuweit, General Manager of the DCI and IdM business lines and future DETEC Managing Director went on to add: "Our solutions are allowing us to move even closer to companies´ specialist departments. We are offering general solutions that can be integrated excellently into business processes, particularly for the decentralized market, which is continuing to grow. Our universal approach will allow us to gain enthusiastic new customers, particularly also in the UNIX segment."
End of the announcement
About DETEC DETEC, a software producer based at Rüsselsheim, Germany, specializes in software products and services centered on the structuring, production, and distribution of professionally presented business documents (such as invoices, accounts, orders, or shipping documents) - whether in print or digital form. With its new LaserSoft "DoXite" product generation, DETEC is focused on supporting professional internal and external "Business Communications" (B2B, B2C) for over 400 customers both in Germany and abroad. "DoXite" allows them to produce, format, and integrate documents for several and partly parallel output channels (printing, archiving, electronic distribution) in the output system. It can produce archived documents that conform to PDF/A, produce electronic signatures qualified with the help of partner software, optimize working processes, and cut users´ costs.
Beta Systems Software AG - Agility Integrated Beta Systems Software AG (Prime Standard: BSS, ISIN DE0005224406) develops high-quality software products and solutions for the safe and reliable processing of large quantities of data. The core business segments of Beta Systems comprise document processing and IT user management, data center services as well as compliance solutions. Also, the Beta 4Agility Suite offers large corporations new integration products to make their IT and business processes more agile. The solution simplifies automation of data and document processing and increases the IT´s overall security and performance. Beta Systems was founded in 1983, has been listed on the stock exchange since 1997 and employs a staff of more than 600. Company headquarters are located in Berlin. Beta Systems is an internationally active company with competence centers in Augsburg, Cologne and Calgary as well as 18 affiliated companies and numerous partner businesses. Beta Systems´ global customer base of more than 1,300 customers with over 3,000 operating installations includes major corporations in the fields of financial services, general industry and IT services in Germany, Europe and the USA.
For more information on the company and its products, visit www.betasystems.com.
end of announcement euro adhoc --------------------------------------------------------------------------------
Further inquiry note:
Beta Systems Software AG
Thomas große Osterhues
Senior Manager Corporate Communications
Tel.: +49 (0)30 726 118-570
Fax: +49 (0)30 726 118-881
Tel.: +49 (0)30 726 118-171
Fax: +49 (0)30 726 118-800
HBI PR&MarCom GmbH
Tel.: +49 (0)89 99 38 87-37/-32
Fax: +49 (0)89 930 24 45
Index: CDAX, Prime All Share, Technologie All Share
Börsen: Börse Frankfurt / regulated dealing/prime standard
Börse Berlin / free trade
Börse Hamburg / free trade
Börse Stuttgart / free trade
Börse Düsseldorf / free trade
Börse Hannover / free trade