Key Developments: TIE Holding NV (TIEH.AS)
7.50EUR
19 Jun 2013
€0.00 (+0.00%)
€7.50
€7.50
€7.50
€7.50
78
1,092
€11.30
€5.95
Latest Key Developments (Source: Significant Developments)
TIE Holding NV Announces FY 2013 Guidance
TIE Holding NV announced that it expects to attain EUR 15 million in revenue and a net income of minimum EUR 0.7 million for financial year 2013. Factors giving reason to these expectations are founded in the transformation of the Company to a truly SaaS company, the increasing E-commerce in the Netherlands and Content Syndication in the United States, together with the acquisition of ascention GMBH. Net income will be restrained due to increasing spending in research and development expenses providing the means in order to realize sustainable profitability in future. Full Article
TIE Holding NV To Provide Technology In European Union Project; Receives Funding
TIE Holding NV announced that as of September 1, 2012 it joined the ARUM research project. ARUM is a three year project with a budget amounting to EUR 11.6 million. Funds are from the European Commission to technology partners, industrial users and research institutions. ARUM (ADAPTIVE PRODUCTION MANAGEMENT) aims to improve planning and control systems for the manufacturing of complex, small-lot products, such as aircraft, aircraft interiors, and ships. The project started in September and will last for 36 months involving 14 partners including Technology Providers (the Company, Certicon, Smart Solutions, Almende, P3 ingenieurs), Research Organizations (Collogne University of Applied Sciences, University of Manchester, Instituto Politécnico de Bragança, Athens Institute of Communication and Computer science, Czech Technical University of Prague) and User Organizations (EADS, Airbus and Modular Galley Systems) all led by managing partner the EADS. Full Article
TIE Holding NV Acquires Ascention
TIE Holding NV announced that it has acquired Business Intelligence consultancy company Ascention with offices in Germany, Austria and Switzerland (DACH region). Ascention designs and implements cross-sector solutions in the areas of Business Intelligence, controlling and data warehousing. The software and services of Ascention enrich the Company's Total Integrated E-commerce solution with Business Intelligence analytics. The acquisition has been financed without making use of external financial resources. Financial details of the transactions were not disclosed. Full Article
Tie Holding NV Acquires Light BV-DJ
Dow Jones reported that Tie Holding NV has acquired software provider Light BV. Financial terms of the transaction were not disclosed. Full Article
Tie Holding NV Participates In Premanus Project-DJ
Dow Jones reported that Tie Holding NV participates in the Premanus Project, aimed at conducting research and development of a system for product service remanufacturing or the re-use of objects and products, improve sustain and re-use natural resources. Full Article
Tie Holding NV and Progress Software Corp. Expand Partnership-DJ
Dow Jones reported that Tie Holding NV announced that the Company has expanded its partnership with Progress Software Corp. to resell Tie Holding NV's e-commerce platform. Financial details were not disclosed. Full Article
Tie Holding NV Signs Agreement With T-Mobile-DJ
Dow Jones reported that Tie Holdings NV has signed an agreement with T-Mobile for the online sale of consumers and business activities through the E-commerce platform of the Company. The Company will receive a total of EUR 1.2 million for the order over the next three years. The Company is to execute the order with its partner The Online Company. Full Article
Tie Holding NV Converts Convertible Notes-DJ
Dow Jones reported that Tie Holding NV is to issue 8,700,000 new ordinary shares for a total consideration of EUR 870,000 (EUR 0.10 per share). The shares are to be issued pursuant the conversion of convertible notes. Full Article
TIE Holding NV to Cooperate with Gothia BV-DJ
Dow Jones reported that TIE Holding NV will start a strategic alliance with Gothia BV, a division of Gothia Financial Group, a financial service provider involved in billing and administration. The two companies will jointly integrate Gothia's PayByBill application into the TIE Kinetix E-Commerce Platform. The integration will allow TIE to transfer bills to Gothia that would then become legal owner and in charge of the further administration of the bills. Full Article
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