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News Details

Corporate | 19 December 2016 13:41

CANCOM SE: sale of subsidiary to CPU Softwarehouse AG

DGAP-News: CANCOM SE / Key word(s): Miscellaneous

19.12.2016 / 13:41

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

CANCOM SE: sale of subsidiary to CPU Softwarehouse AG

Sale underpins the group’s strategic focus

Munich, Germany, 19 December 2016 – CANCOM SE today sold its 100 percent subsidiary NSG GIS GmbH to CPU Softwarehouse AG. NSG GIS GmbH provides personnel services in the IT area. The sale supports the continuous development of CANCOM group towards higher margin business.

CPU Softwarehouse AG headquartered in Augsburg, Germany, is a future-oriented software house and IT consulting company for the banking sector with subsidiaries in Germany and Switzerland. CPU and their group companies develop software and operate IT services for software development, quality assurance and project management in the banking industry.

CANCOM and CPU see various opportunities for cooperation in the future. In order to strengthen the operational business relations, CANCOM has invested a significant six-digit amount in CPU Softwarehouse AG.

Contact:

Beate Rosenfeld

Manager Corporate Communication & IR

CANCOM SE

Erika-Mann-Straße 69

80636 München

Germany

Phone: +49 (0) 89 / 54054 5193

mail to: [email protected]

www.cancom.de

19.12.2016 Dissemination of a Corporate News, transmitted by DGAP – a service of EQS Group AG.

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

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Language:	English
Company:	CANCOM SE
	Erika-Mann-Straße 69
	80636 Munich
	Germany
Phone:	+49-(0)89/54054-0
Fax:	+49-(0)89/54054-5119
E-mail:	[email protected]
Internet:	http://www.cancom.de
ISIN:	DE0005419105, DE0005419105
WKN:	541910, 541910
Indices:	TecDAX
Listed:	Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange