adesso SE

M&A Activity • Apr 28, 2015

News Details

Ad-hoc | 28 April 2015 15:33

adesso AG: Agreement reached on the stocking up of shares in PSLife GmbH to 100 % – important step in adesso’s positioning as a provider of software solutions for insurance companies

adesso AG / Key word(s): Acquisition/Investment

28.04.2015 15:33

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adesso AG: Agreement reached on the stocking up of shares in PSLife GmbH to
100 % - important step in adesso's positioning as a provider of software
solutions for insurance companies

adesso AG reached an agreement with its partner in joint venture PSLife
GmbH regarding adesso's stocking up of shares, from 50 % to 100 %. The full
takeover enables adesso to position a portfolio of solutions of its own for
insurance companies that differs clearly from that offered by the
competition. Based on new technologies, PSLife GmbH has developed a
software system for life insurance companies, which is currently being
marketed. comprising the components products, inventory management and
claims accounting.

A purchase price in the mid single-digit million euros range was agreed.
adesso AG's Supervisory Board today approved the transaction and the
agreement is expected to be signed in the near future.

Contact:
Martin Möllmann
Manager Investor Relations
Tel.: +49 231 7000-7000
E-Mail: ir@adesso.de

28.04.2015 The DGAP Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de

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Language: English
Company: adesso AG
Stockholmer Allee 20
44269 Dortmund
Germany
Phone: +49 231 7000-7000
Fax: +49 231 7000-1000
E-mail: ir@adesso.de
Internet: www.adesso-group.de
ISIN: DE000A0Z23Q5
WKN: A0Z23Q
Listed: Regulated Market in Berlin, Dusseldorf, Frankfurt (General
Standard), Hamburg, Stuttgart

End of Announcement DGAP News-Service

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