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Allgeier SE strengthens its product portfolio and technology competence: software manufacturer Metasonic joins Allgeier

08/11/2014

ALLGEIER SE / Key word(s): Acquisition

11.08.2014 / 09:42


Ongoing expansion of business with high-growth software solutions

Munich, 11 August 2014 – On August 01, 2014, the Allgeier Group signed an agreement to purchase the material assets, employees and customers of Metasonic AG, a software company based in Pfaffenhofen near Munich. As part of its strategic focus on high-growth software solutions, Allgeier is using the measure to strengthen its Solutions product portfolio and lay the cornerstone for its ongoing development into an international software vendor and service provider.

Metasonic previously belonged to the portfolio of T-Venture. Metasonic AG’s core business will be managed and expanded internationally by the former management team headed by Mr Herbert Kindermann under Metasonic GmbH, which will be wholly owned by the Allgeier Group. Before joining Metasonic, where he has meanwhile been active for seven years, Mr Herbert Kindermann was a member of IDS Scheer AG’s Management Board and was responsible for the company’s international business. Metasonic is a software house which offers the Metasonic(R) Suite comprising advanced new-generation software and a platform for dynamic process applications. The basis of the Metasonic(R) Suite is subject-oriented Business Process Management (S-BPM). This BPM approach allows process workflows to be mapped expediently in one-to-one reality within a single model (for business and IT alike). It allows customers to manage and control their complex business processes in a significantly more efficient and agile way, with striking simplicity. The software is marketed on a global scale and is already used by a series of large international customers. Metasonic has recently achieved international market success with various major corporations. In its report this year, the international IT research and consultancy company Gartner awarded Metasonic the much coveted status of “Cool Vendor” for business process management software.

This transaction has enabled Allgeier to make further headway in developing the Group in accordance with the Allgeier Agenda 2015: The new addition highlights Allgeier’s overarching strategy of focusing on high-growth business areas with above-average development potential and very promising future prospects. Against this backdrop, Allgeier is concertedly strengthening the development of its own software products and building up new areas such as Business Process Management, Collaboration/SharePoint and Medical IT. Allgeier understands the development of its own intellectual property as a key competitive factor driving its current and future success which resides in the Allgeier Group’s broad-based customer portfolio with more than 3,000 customers. At the same time, the Allgeier Solutions Division is concentrating on standard business software products and solutions for leading manufacturers such as Microsoft, Infor and SAP, and is reinforcing its competence in the key trends of cloud services, IT security and datability which dominate the sector. With a view to sustaining the Group’s positive development and securing growth, Allgeier will be leveraging its capability of using the consolidation in the market by making value-creating acquisitions for the targeted expansion and acceleration of the segments’ development.

Contact:

Allgeier SE
Dr. Christopher Große
Wehrlestraße 12
81679 Munich, Germany
Tel.: +49 (0)89/998421-0
Fax: +49 (0)89/998421-11
E-mail: pr@allgeier.com
Web: www.allgeier.com

Allgeier SE is one of the leading IT companies for Business Performance today: Allgeier combines the advantages of an international provider with the merits of medium-sized companies with a growth strategy oriented consistently to innovations and future trends, and an integrative business model. Operating divisions, each with their individual specialist or sector-related focal points, work together for more than 2,000 customers from almost all sectors. With more than 5,100 salaried employees and over 1,200 freelance IT experts, Allgeier, as a one-stop shop, offers customers a comprehensive portfolio of solutions and services. Allgeier’s customers include globally operating groups as well as innovative medium-sized operations that wish to secure strategic advantages through high-performing IT solutions, intelligent software and flexible personnel services. This high-growth company, which is based in Munich, Germany, operates at more than 90 sites in the German-speaking region, and at further locations in the rest of Europe, as well as in India, Mexico and the USA. Allgeier generated EUR 478 million of revenue in 2013. Allgeier SE was ranked first in the Lünendonk(R) List 2014 of “Leading German medium-sized IT consulting and system integration companies”. The Allgeier Experts Division ranks among the top three IT personnel service-providers in Germany according to the Lünendonk(R) 2014 market segment study “The market for recruiting, mediating and managing IT freelancers in Germany”. The company is listed on the regular market of the Frankfurt Stock Exchange in the General Standard segment (WKN 508630/ISIN DE0005086300). Further information is available on the company’s website at: www.allgeier.com.


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