Atende Software

2013-09-12

Yesterday's deal was the next stage in the acquisition of majority shares of the Company. In the first tranche, which took place on 24 July., Atende Software purchased from existing shareholders a 25% stake for 929 thousand PLN. Purpose of the acquisition of the new entity is to build the competence of Atende Software on the most advanced technologies and expansion on international markets.

The acquisition of Phoenix Systems is a consequence of building long-term business strategy. We want to develop Atende Software as a company providing advanced and innovative technology We are closely following market trends, and we want to enter the market for embedded systems which form the basis of IOT (Internet of Things), and are responsible for most of today's digital intelligence devices, including devices for the Smart Grid - said Paweł Pisarczyk, CEO Phoenix Systems.

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