USU Software AG — M&A Activity 2017

Jan 5, 2017

News Details

Ad-hoc | 5 January 2017 17:55

USU Software AG acquires unitB technology GmbH as a full-service agency for digital media and IT

USU Software AG / Key word(s): Takeover

05-Jan-2017 / 17:55 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR, transmitted by
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The issuer is solely responsible for the content of this announcement.

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Effective January 1, 2016, USU Software AG (Frankfurt, Prime Standard, ISIN
DE000A0BVU28), Möglingen, ("USU"), has acquired all shares in unitB
technology GmbH, Berlin, for the purpose of expanding USU's range of
services in the area of individual solutions and portals. The Board of
Management of USU and the owners of unitB technology signed agreements
regarding the acquisition of shares today. The purchase price will be paid
in cash and will contain a fixed and a variable share. It will ultimately
total EUR 4.0 million to EUR 5.1 million depending on the future
performance of unitB technology.

unitB technology is a full-service agency that specializes in digital media
and IT. It offers IT and marketing services for corporate websites, product
marketing and customer communications. As the new subsidiary of USU
Software AG, unitB technology will perfectly complement the USU Group's
existing portfolio of IT solutions and consulting services, particularly in
the area of business solutions. unitB technology was established in 2002
and employs 35 people. The company generated sales of EUR3.6 million and an
operating earnings margin of more than 10 percent in fiscal year 2015.

Contact:

USU Software AG
Corporate Communications & Investor Relations
Dr. Thomas Gerick
Tel.: +49 (0) 71 41 - 48 67 440
Fax: +49 (0) 71 41 - 48 67 909
E-Mail: t.gerick@usu-software.de

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: f.sorge@usu-software.de

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Language: English
Company: USU Software AG
Spitalhof
71696 Möglingen
Germany
Phone: +49 (0)7141 4867-0
Fax: +49 (0)7141 4867-200
E-mail: info@usu-software.de
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, Tradegate Exchange

 End of Announcement    DGAP News Service