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Article: SOFTWARE AG: Software AG acquires Enterprise Support DiDivision and establishes subsidiary in California.

Article from:
M2 Presswire
Article date:
November 18, 1999
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M2 PRESSWIRE-18 November 1999-SOFTWARE AG: Software AG acquires SPL WorldGroup's Enterprise Support Division and establishes new subsidiary based in California (C)1994-99 M2 COMMUNICATIONS LTD

RDATE:181199

* Software AG, Inc. to handle direct sales of electronic business products in North America

* Rapid development of indirect sales channels planned

* Doubled USA revenue expected for year 2000

Software AG has announced that it will acquire SPL WorldGroup's Enterprise Support Division (ESD) in the USA and Australia. Software AG will concentrate its USA activities in a newly established subsidiary based in California.

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