CODASciSys drives East
PrintNo sleep till Budapest
Posted in IT Channel, 3rd January 2006 15:45 GMT
Free whitepaper – What Exchange can't do - and Dell can
CODASciSys is spending upto €2.4m buying its Hungarian and German distributors.
The UK-based software and services group is paying €0.75m upfront for its Hungarian partner, Singular Hungary, with another &0.25;m based on future profitability. The Hungarian business will be redubbed CODA Hungary, and serve Central and Eastern Europe.
CODASciSys has also snaffled up Landsberg-based bAs GmbH for €0.4m upfront with another €1m based on profitability in 2006 and 2007. CODASciSys already has an office in Essen.
The two new businesses should boost CODASciSys’ revenues by £1.5m this year, the firm said.®
Free whitepaper – Managing desktop software for fun and profit
Enabling the Agile Data Center
Straight Talk with Dell: Sending out an SaaS
The business value of SIP VoIP and trunking
New storage architectures make SSDs more cost-effective
Sign up, sign up for The Register IT security newsletter
Microsoft's Windows 7 price gamble - and why it's flawed
Managing Desktop Software for fun and profit
Intel's flash new SSDs hit by bugs