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RNS - CompuGroup Medical Italia Strengthens its Presence in the Dental Software Market

Company: CompuGroup Medical SE & Co.KGaA Date: 2013-07-30 Language: English Register to download

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 News Details

Corporate | 30 July 2013 08:31

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CompuGroup Medical Italia Strengthens its Presence in the Dental Software Market

  

CompuGroup Medical AG / Key word(s): Miscellaneous  

  

30.07.2013 / 08:31  

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**CompuGroup Medical Italia Strengthens its Presence in the Dental Software Market**

**Koblenz – July 29th, 2013: CompuGroup Medical Italia acquired a majority stake in Tekne S.r.l., located in Ragusa (Italy). Tekne, with its software XDent, is the market leader for Mac OS software for dentists in Italy. With this acquisition, CGM has strengthened its position as a market leader in the Italian market for ambulatory information systems.**

Last Thursday CompuGroup Medical Italia acquired a majority stake in Tekne S.r.l., located in Ragusa (Italy).

Tekne S.r.l. develops dental software solutions primarily for Mac computers in Italy. Its innovative software studio XDent is a masterpiece in design and usability. It offers not only desktop solutions, but also mobile app solutions to create a link between dentists and their patients.

The total revenue for the operations was around 0.6 million Euros in 2012. The initial stake will be 80% with option rights to purchase the remainder within the next five years.

The former owners and founders will stay onboard to continue the success story of XDent together with CompuGroup Medical Italia, which aspires to become the market leader for dental software solutions in Italy across all platforms.

With this acquisition, CompuGroup Medical further strengthens its position in the Italian healthcare market and consequently expands its portfolio of strategically important services for a better networking of all healthcare actors.

**About CompuGroup Medical AG**  

CompuGroup Medical is one of the leading eHealth companies in the world. Its software products are designed to support all medical and organizational activities in doctors’ offices, pharmacies, laboratories and hospitals. Its information services for all parties involved in the healthcare system and its web-based personal health records contribute towards safer and more efficient healthcare. CompuGroup Medical’s services are based on a unique customer base of over 385,000 doctors, dentists, hospitals, pharmacies and networks as well as other service providers. With locations in 19 countries and customers in 34 countries worldwide, CompuGroup Medical is the eHealth company with one of the highest coverage among eHealth service providers. Approximately 3,600 highly qualified employees support customers with innovative solutions for the steadily growing demands of the healthcare system.

**About CompuGroup Medical in Italy**  

CompuGroup Medical is market leader for software solutions for primary care and pharmacists. With its software solutions for pharmacists it serves over 7,000 pharmacists across Italy and is the market leaderwith the core product Wingesfar. In primary care with its software solutions Profim, FPF, Infantia, Phronesis, Venere, CCBASIC, Smile and Ciclope, it is serving general practitioners, pediatricians, dentists and specialists. In total, CompuGroup Medical Italia has over 23,000 physician customers which constitutes 44% of the Italian primary care market. CompuGroup Medical Italia makes it possible for all healthcare participants to network and integrate with the information systems of health care companies as well as various regional e-health projects, some of which are even built by CompuGroup Medical and its subsidiaries.

**Media Contact:**

**CompuGroup Medical Italia spa**  

**Francesco Grillo**  

Country Communication Manager  

e-mail: francesco.grillo@cgm.com  

**www.cgm.com/it**

  

  

End of Corporate News  

  

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30.07.2013 Dissemination of a Corporate News, transmitted by DGAP – a company of EQS Group AG.  

The issuer is solely responsible for the content of this announcement.  

  

DGAP’s 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: | CompuGroup Medical AG |
|     | Maria Trost 21 |
|     | 56070 Koblenz |
|     | Germany |
| Phone: | +49 (0)261 8000 6200 |
| Fax: | +49 (0)261 8000 3200 |
| E-mail: | investor@cgm.com |
| Internet: | www.cgm.com |
| ISIN: | DE0005437305 |
| WKN: | 543730 |
| Listed: | Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin, Düsseldorf, Hamburg, München, Stuttgart |
|     |     |     |

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| --- | --- |
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| End of News | DGAP News-Service |

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