Business Services Industry
Basware Corporation completes acquisition of Contempus AS
Nordic Business Report, Sept 29, 2008
NORDIC BUSINESS REPORT-29 September 2008-Basware Corporation completes acquisition of Contempus AS(C)1994-2008 M2 COMMUNICATIONS LTD http://www.m2.com
Finnish financial solutions developer Basware Corporation (OMX Helsinki:BAS1V) said on Monday (29 September) that its acquisition of the entire share capital of Contempus AS from Affecto has been endorsed.
The acquisition price amounts to approximately EUR10.1m, the company said.
Contempus was part of Affecto's Norwegian operations and provides Purchase to Pay as well as Enterprise Content Management solutions.
Basware, headquartered in Espoo, Finland, develops enterprise purchase-to-pay and financial management solutions. The company's products are used by more than 1,200 customers in over 50 countries.
One British pound (GBP) is worth approximately 1.25 euros (EUR).
((Comments on this story may be sent to nbr.feedback@nordicbusinessreport.com))
Most Recent Business Articles
- Multiple criteria evaluation and optimization of transportation systems
- Multi-criteria analysis procedure for sustainable mobility evaluation in urban areas
- A two-leveled multi-objective symbiotic evolutionary algorithm for the hub and spoke location problem
- Multi-criteria analysis for evaluating the impacts of intelligent speed adaptation
- The development of Taiwan arterial traffic-adaptive signal control system and its field test: a Taiwan experience
Most Recent Business Publications
Most Popular Business Articles
- 7 tips for effective listening: productive listening does not occur naturally. It requires hard work and practice - Back To Basics - effective listening is a crucial skill for internal auditors
- FAS 109: a primer for non-accountants - Financial Accounting Standards Board's "Statement 109: Accounting for Income Taxes"
- LIFO vs. FIFO: a return to the basics
- Too Young to Rent a Car? - 25-years-old the minimum age for car renting - Brief Article
- Design a commission plan that drives sales - Sales Commissions
Most Popular Business Publications
Content provided in partnership with
