Business Services Industry

PC-Ware Information Technologies AG acquires Ravenholm Computing Group

Nordic Business Report, Jan 5, 2006

NORDIC BUSINESS REPORT-5 January 2006-PC-Ware Information Technologies AG acquires Ravenholm Computing Group(C)1994-2006 M2 COMMUNICATIONS LTD http://www.m2.com

German IT group PC-Ware Information Technologies AG announced on Thursday (5 January) that it had agreed to acquire the Danish software reselling and management company Ravenholm Computing Group.

Ravenholm Computing has 140 employees and annual revenues of approximately EUR70m. The group has subsidiaries in Denmark, Sweden, Norway, Finland and Switzerland.

The financial details of the acquisition were not disclosed.

One euro (EUR) is worth approximately 0.68 British pounds (GBP).

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