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USU Software AG — M&A Activity 2015
Jul 1, 2015
453_rns_2015-07-01_aba4f8ad-95c4-407d-8603-44024003a7b4.html
M&A Activity
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News Details
Ad-hoc | 1 July 2015 19:06
USU Software AG acquires specialist for SAP license optimization
USU Software AG / Key word(s): Mergers & Acquisitions
01.07.2015 19:06
Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted
by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
Möglingen/Cologne, July 1, 2015.
Effective January 1, 2015, USU Software AG (Frankfurt, Prime Standard, ISIN
DE000A0BVU28), Möglingen, ("USU") has acquired all shares in
SecurIntegration GmbH, Cologne, ("SecurIntegration") to expand its
portfolio in the field of software license management. The purchase price
of the shares to be paid in cash consists of a fixed component and an
earn-out component and, depending on the future performance of
SecurIntegration, will be between approximately EUR 1,0 and EUR 3,0
million.
The Management Board and Supervisory Board of USU approved the acquisition
at their meeting today. The Management Board of USU and the shareholders of
SecurIntegration will sign the contracts for the purchase of the shares
soon.
SecurIntegration is a software company specializing in SAP license
optimization that has created the de facto standard for SAP license
management with its proprietary Software License Compliance (SLC). USU
Software AG's new subsidiary therefore ideally supplements the existing
software license management portfolio of the USU Group. SecurIntegration
was founded in 2001 and currently employs 15 people. Its customers include
renowned companies such as Continental, Dätwyler and AMAG.
In fiscal 2014 SecurIntegration generated sales of around EUR 1.5 million
and a positive operating result.
End of announcement.
This ad-hoc release can be downloaded at http://www.usu.de/en/
Contact:
USU Software AG
Investor Relations
Falk Sorge
Spitalhof
D-71696 Möglingen
Tel.: +49 (0) 71 41 - 48 67 351
Fax: +49 (0) 71 41 - 48 67 108
E-Mail: [email protected]
USU Software AG
Corporate Communications
Dr. Thomas Gerick
Tel.: +49 (0) 71 41 - 48 67 440
Fax: +49 (0) 71 41 - 48 67 909
E-Mail: [email protected]
01.07.2015 The DGAP Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de
Language: English
Company: USU Software AG
Spitalhof
71696 Möglingen
Germany
Phone: +49 (0)7141 4867-0
Fax: +49 (0)7141 4867-200
E-mail: [email protected]
Internet: www.usu-software.de
ISIN: DE000A0BVU28
WKN: A0BVU2
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated
Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich,
Stuttgart
End of Announcement DGAP News-Service