Ad-hoc | 17 April 2008 19:44
Softing AG / Acquisition
Release of an Ad hoc announcement according to § 15 WpHG, transmitted by
DGAP - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
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On April 17, 2008, Softing AG has acquired a majority position at the
Nürnberg based INAT GmbH.
INAT is a strong and well recognized brand in the area of industrial
automation with focus on the factory- and process industry. It is known for
industrial communication products, OPC-software and components for
industrial network diagnostics.
The acquisition of INAT will complement and strengthen the strategic core
elements of Softing’s Industrial Automation division. INAT will profit from
Softing’s strong international position in the factory- and process
industry as well as Softing will profit from additional products and sales
channels brought in by INAT.
The acquisition is expected to only generate a small additional
contribution to Softing’s 2008 profits due to one-time integration
expenses. For 2009 Softing expects an additional sales volume from INAT
alone in excess of 5 million Euros.
Content:
Dr. Wolfgang Trier
Phone.: +49(0)89 45656 0
Email: InvestorRelations@softing.com
Technical realisation:
Emilio Kokot
Phone: +49(0)89 45656 311
Email: koe@softing.com
17.04.2008 Financial News transmitted by DGAP
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Language: English
Issuer: Softing AG
Richard-Reitzner-Allee 6
85540 Haar
Deutschland
Phone: +49 (0)89 456 56-333
Fax: +49 (0)89 456 56-399
E-mail: InvestorRelations@softing.com
Internet: www.softing.com
ISIN: DE0005178008
WKN: 517800
Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
in Berlin, Stuttgart, München, Hamburg, Düsseldorf
End of News DGAP News-Service
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