Company Software AG has signed on July, 14th the contract with founders IDS Scheer-. August-uillemom Sheerom. (August-Wilhelm Scheer) and. Alexander Poksaem. (Alexander Pocsay) - about transfer to it of 48 % of actions IDS Scheer. This transaction becomes a part of the open tender offer with which company SAG Beteiligungs, branch Software AG has acted. Exploratory talk between the former competitors lasted about one month.
Software AG offers - I will aspire to keep our workings out independent so long, how much it is possible. My personal purpose is support of competitiveness and independence of the company. This very transparent and accurate statement.
On the other hand, I am not so naive to think that I can compete to the hug transnational corporations operating in market IT. So I too should be opened for the sake of protection of my company, workplaces of employees. But at present discussions about sale are not present. August-uillem Sheer, founder IDS Scheer, is ready to transfer the stock to the former competitors from Software AG.
If the transaction is approved by regulators and supported by other shareholders, in the market of working out of the infrastructural software and software of manageement the company with staff over 6 thousand persons and a turn from above will appear business processes (Business Process Management, BPM) Analysts as a whole favorably estimate merge of the companies, naming its timely. The transaction will allow Software AG to strengthen the positions in the market ON an intermediate layer where the company concedes now IBM and Oracle. Nevertheless, experts Bank of America-Merrill Lynch notice that, despite wide presence IDS Scheer in the vertical markets, the considerable share of a gain of the company arrives from participation in consulting business SAP which now it is impossible to name vysokopribylnym. Income IDS Scheer in 2008 financial year has grown less than on 2 %. However in Software AG hope that association will positively be eeflected in operational profit already in the first quarter of the first fiscal year of consolidation (2010) . Taking into account purchase IDS Scheer, growth of turn Software AG for all financial 2009, by estimations of the company, will make from 4 % to 8 % (taking into account rate fluctuations of currencies). Exact forecasts Software AG promises to give after the transaction end, most earlier - at promulgation of results of 3rd quarter.
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