Locked content Asseco sells 4.28% stake in Asseco SEE to group of managers

WSE-listed IT group Asseco Poland sold 2.22 mln shares in its subsidiary Asseco SEE (4.28 percent stake) for PLN 24.2 million to a group of 22 Asseco SEE managers, Asseco said in a market filing. “The sale price will be secured by the establishment of a pledge on the shares of each buyer. There were...

Locked content Asseco finalizes Macrologic takeover

WSE-listed IT group Asseco acquired 1.67 million shares in Macrologic, representing an 88.3 percent stake, completing a tender. The price was set at PLN 59 apiece. Together with the 8.44 percent stake held by Macrologic, Asseco now controls a 96.73 percent stake in the company. Macrologic specialize...

Locked content Asseco mulls M&A in Slovakia

WSE-listed IT group Asseco is analyzing a potential takeover of a Slovak logistics systems company. “We recently took an interest in Slovak company.This company produces logistics systems and supplies to Volkswagen, among others. It was founded by three professors. They need Asseco because we operat...

Locked content Asseco with UOKiK approval for Macrologic takeover

WSE-listed IT giant Asseco’s subsidiary Asseco Business Solutions was granted the antitrust watchdog approval for the takeover of IT company Macrologic. Asseco launched a tender to buy 100 percent shares in its peer for PLN 59 apiece, which puts Macrologic value at PLN 111 million. Subscriptio...

Locked content Asseco with PLN 6.18 billion for 2017

WSE-listed IT giant Asseco Poland has a PLN 6.18 billion, the company said in a market filing. This is a 10 percent y/y growth. The backlog for proprietary software amounted for PLN 5.35 billion (9 percent y/y growth) of that figure….

Locked content Asseco bids to acquire Macrologic

WSE-listed IT giant Asseco, through its subsidiary Asseco Business Solutions has offered PLN 59 per share for the 100 percent stock of IT firm Macrologic. The offer values the target at PLN 111 million. The offer will go through only if at least 75 percent of Macrologic shares is sold. Subscription ...
Image : Asseco

Locked content Asseco with new contract in Ethiopia

WSE-listed IT giant Asseco Poland has signed a $1.3 million deal with the Ethiopian Information Network Security Agency. “INSA is an Ethiopian state agency focusing on internal security, building IT competences and implementing IT solutions throughout the country,” Asseco said in a market filing. Th...

Locked content Asseco buys Stone River for $102 mln

WSE-listed IT giant Asseco’ Israeli unit Sapiens acquired US company Stone River for $102 million. Stone River specializes in solutions for the insurance sector and has 200 clients in the US. Stone River sported an estimated $80 mln in revenues in 2016. The transaction is expected to boost Sap...

Locked content Orange Poland moves customers to a new billing system

In cooperation with Asseco, Orange has moved more than 3 million customers to a new billing system, the mobile operator announced in a press release on Tuesday. The change in systems, the company said, gives it the ability to come up with more flexible offers and further automates customer service p...