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 Asseco purchased a 97 percent stake  in Matrix42 for PLN 26.2 million in 2008. The company is a leading player on the  IT SM (IT Service Management)sector in the German market. Recently, the Polish company sold its Slovak subsidiary, Slovanet.