Locked content Asseco net profit falls to PLN 65 mln in Q1

Asseco Poland, Eastern Europe’s largest software producer, recorded a net profit of PLN 65.6 million in Q1 2016, compared with PLN 77.4 million in the corresponding period of last year, the company reported. Operational net profits totalled PLN 186 million, whereas they stood at 164.3 million ...

Locked content Asseco signs two contracts in Nigeria

Asseco Poland, along with Asseco Software Nigeria, have signed two contracts in the financial sector in Nigeria, Asseco Software Nigeria’s CEO Simon Melchior said. The value of the transactions are unknown. The first agreement assumes providing Swift Confirmation Matching Modules to a Nigerian...

Locked content Asseco Poland signs a merger plan with Infovide-Matrix

The boards of Asseco Poland and Infovide-Matrix have agreed on a merger plan, according to a statement. In the course of the merger, all assets in Infovide-Matrix will be transferred to Asseco Poland. In 2015, Asseco Poland completed the acquisition of Infovide-Matrix and received 12,476 million of ...

Locked content Asseco net profit at PLN 358.4 mln

Asseco Poland, Eastern Europe’s largest software producer, recorded a net profit of PLN 365.5 million in 2015, compared with PLN 358.4 million last year, the company reported. Operational net profits totaled over PLN 745.2 million, whereas they stood at nearly PLN 358.4 million in 2015.  Conso...

Locked content Asseco acquires the rest of Infovide-Matrix shares

Asseco Poland has acquired the rest of Infovide-Matrix shares, totalling 261 096 ( a 2.09 percent stake) through a squeeze-out, paying PLN 6.01 a piece, consequently, the company owns the entire holding. In the option, which ended in November, Asseco purchased a 97.91 percent stake of Infovide-Matri...

Locked content Asseco’s net profits up by 19%

Asseco Poland, Eastern Europe’s largest software producer, recorded a net profit of PLN 101.6 million in Q3, compared with PLN 85.3 million in the corresponding period last year, the company reported. The increase in net profits was higher than expected and amounted to 19 percent. Operational ...

Locked content Asseco to sell its German subsidiary

Rzeszów-based IT company Asseco is planning to sell its German subsidiary, Matrix42, to its managers alongside private equity fund Emeram Capital Partners, Puls Biznesu daily reported. According to the daily, the value of the transaction has not been disclosed, however, it has to be noted that Assec...

Locked content Asseco applies for acquisition of Infovide-Matrix

Asseco Poland has submitted a motion to the Polish  anti-monopoly watchdog UOKiK for the acquisition of Infovide-Matrix, the office informed. Last week, Asseco Poland bought a call option for all Infovide-Matrix shares, offering PLN 6.01 per share. Earlier, Asseco had signed an agreement with the co...

Locked content Asseco to take over Infovide-Matrix

Asseco Poland has bought a call option for all Infovide-Matrix shares, offering PLN 6.01 per share. Earlier, Asseco had signed an agreement with the company  with a view to acquiring a 70 percent stake in its competitor. The price offered by Assecco is 94 percent higher than Wednesday’s share ...

Locked content Asseco Poland to buy Portugal’s Exictos

Software Developer Asseco Poland has agreed to buy a 61.4 percent stake in Portugal’s Exictos for €21.5 million, Asseco said on Thursday. “The transaction … is for Asseco a continuation of its growth in the emerging markets, mostly including Africa,” Asseco said in a statemen...