July 1, 2015 / 11:56 AM / 4 years ago

BRIEF-Vitec Software Group acquires Datamann A/S in Denmark

July 1 (Reuters) - Vitec Software Group publ AB :

* Acquires 100 pct of Datamann A/S, a Danish software company

* Payment is cash 44.4 million Danish crowns, of which 9.4 million crowns is compensation, DKK for DKK, for excess liquidity

* Datamann result for financial year 2014/15 is estimated to be 6 million crowns at EBITDA-level and net sales is expected to be 31 million crowns

* Acquisition is expected to directly result in increased earnings per share of Vitec

* Acquisition adds Vitec group 32 new employees

Source text for Eikon:

Further company coverage: (Gdynia Newsroom)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below