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Bechtle announces takeover of HanseVision
Friday 29 July 2011

German IT services specialist Bechtle AG (ETR:BC8) said today it had agreed to take over Hamburg-based sector player HanseVision for an undisclosed amount.

With the move, Bechtle aims to pursue its strategic development in the IT services field. The deal will also boost the company's software and application business.

Through the buy of HanseVision, with sales of EUR3.6m (USD5.1m) in 2010, Bechtle projects synergy and cross-selling effects in the systems house business.
Date Published: 29/07/2011
Target: HanseVision GmbH
Country: Germany
Sector: Computer software
Type: Corporate acquisition
Status: Agreed
Buyer: Bechtle AG