Atex, the World's Leading Developer of Software Solutions for the Media Industry, Acquires Mactive.
PR Newswire Europe, February, 2007
READING, England, February 12 /PRNewswire/ -- Atex (http://www.newscom.com/cgi-bin/prnh/20070212/244698 )
Mactive, with 108 employees, provides software development, sales and support for the newspaper and magazine publishing industry from offices in Melbourne, Florida; Irvine, California; Helsingborg, Sweden and Oslo, Norway.
In 2006 around 70 percent of Mactive's more than US$30 million US dollars revenue was derived from the US. The remainder originated from Scandinavia, with contributions also from Belgium, Germany, Austria and Switzerland. Expected revenue and EBITDA for the year ending December 2006 is US$24.5m and US$6.1m respectively.
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