DGAP-Ad-hoc: EASY SOFTWARE AG / Key word(s): Takeover
EASY SOFTWARE AG: Acquisition of Systec GmbH
10-Jan-2018 / 16:12 CET/CEST
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The issuer is solely responsible for the content of this announcement.
EASY SOFTWARE AG: Acquisition of Systec GmbH Mülheim an der Ruhr (Germany), January 10, 2018 - EASY SOFTWARE AG (ISIN: DE0005634000) acquired Systec GmbH, a Bielefeld-based IT company for document management. The transaction is made as part of a share deal; it applies retroactively to January 1, 2018. The purchase price amounts to a maximum of EUR1.5 million.
Founded in 1983 and a longtime partner of EASY SOFTWARE AG, Systec GmbH with its nine employees recently generated external sales amounting to about EUR2 million, with more than EUR1 million of these through EASY SOFTWARE AG. Through the intended integration, EASY SOFTWARE AG will win qualified employees for Consulting and Sales & Distribution. This will allow it to strengthen its regional position in the German states of Lower Saxony and North Rhine-Westphalia and get direct access to many interesting end customers.
EASY SOFTWARE AG
The Management Board
About EASY SOFTWARE AG:
With more than 13,000 customer installations, EASY SOFTWARE AG of Mülheim an der Ruhr (Germany) is a leading developer and provider of multi-platform solutions in the electronic archiving, document management and enterprise content management sectors. EASY software captures any type of bulk data; it structures document flow using integrated workflow functionalities, ensuring revision-proof long-term archiving.
About Systec GmbH:
Systec GmbH was founded as an IT company in 1983. Headquartered in Bielefeld, Germany, the company has been rendering for more than 30 years IT consulting services for midsize businesses at the highest level, covering the entire value chain.
Contact:
Thorsten Eska, CFO
10-Jan-2018 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.dgap.de
Language:
English
Company:
EASY SOFTWARE AG
Am Hauptbahnhof 4
45468 Mülheim an der Ruhr
Germany
Phone:
+49(0) 208 450 16-0
Fax:
+49(0) 208 450 16-90
E-mail:
investor@easy.de
Internet:
www.easy.de
ISIN:
DE0005634000
WKN:
563400
Listed:
Regulated Market in Frankfurt (General Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Stuttgart, Tradegate Exchange
Easy Software AG is a Germany-based company engaged in Information Technology (IT) sector. The Company is a provider of multi-platform solutions in the electronic archiving, Electronic Document Management System (DMS) and enterprise content management (ECM) sectors. Its software portfolio includes EASY DOCUMENTS, a solution for contract management, invoice processing and personnel files; EASY EXPERIENCE, an ECM solution for processing of information, archiving and handing of personal files, and EASY CAPTURE, a software ensuring automatic capturing, indexing and smart sorting of color or black and white hard copy documents. Furthermore, the Companyâs EASY NOTES provides the option of assigning e-mail items process-related to a process or activity, among others. The Company operates domestically and abroad, including: Singapore, Austria, the United Kingdom, the United States and Turkey.
EASY SOFTWARE AG 
