secunet Security Networks AG

M&A Activity • Feb 2, 2004

News Details

Takeover Bids | 2 February 2004 21:22

secunet to take over Secartis AG

Ad-hoc-announcement transmitted by DGAP. The issuer is solely responsible for the content of this announcement. ——————————————————————————– secunet Security Networks AG is to take over and integrate 100 per cent of the Giesecke & Devrient (G&D) subsidiary Secartis AG. This purchase is subject to approval by the anti-trust authority. The parties have agreed not to disclose the financial details of the transaction. Secartis AG, as secunet, also specializes in IT security solutions and will contribute its expertise in smart card technology. As a result of the takeover, secunet’s work-force will increase by 45, to a total of 220, secunet’s annual revenues will rise to a magnitude of EUR 25 to 30 million. For further information please contact Dr. Jörg Chittka, Head of Investor Relations, secunet Security Networks AG, Tel.: +49 (0)2054 123 127, Fax: +49 (0)2054 123 456, E-mail: investor.relations@secunet.com end of ad-hoc-announcement (c)DGAP 02.02.2004 ——————————————————————————– WKN: 727650; ISIN: DE0007276503; Index: Listed: Geregelter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin- Bremen, Düsseldorf, Hamburg, Hannover, München und Stuttgart 022104 Feb 04