Utimaco Safeware AG / Miscellaneous
01.02.2008
Release of a Corporate-announcement, transmitted by DGAP - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
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Utimaco regains Investcorp as anchor investor to support further expansion
in information protection solutions
Investcorp Technology Partners becomes Utimacos largest shareholder with
approximately 24% stake
Part of a long-term commitment in Utimaco´s strategy to become a major
player in the information protection solutions market
Oberursel, Germany, February 1, 2008 Utimaco, the data security company,
today announced that Investcorp Technology Partners, a trans-Atlantic
technology private equity investment group, has secured an approx. 24%
shareholding in the company. The current market capitalisation of Utimaco
values Investcorp Technology Partners stake at approximately 40 million.
As its new major shareholder, Investcorp Technology Partners can strengthen
Utimacos long-term growth plans to become a significant player in the fast
growing market for information protection solutions.
With this transaction, Investcorp Technology Partners becomes once again
the largest shareholder in Utimaco, which, since the exit of Investcorp in
September 2005, has had a free float of 100% on the basis of 14,745,449
shares issued. In September 2003, Investcorp Technology Partners became an
anchor investor, enabling an acceleration of Utimaco´s growth strategy in
the mobile data security market. The opportunity to exploit the potential
of Utimacos products in the fast growing information protection solutions
space now fits once again with the investment strategy of Investcorp
Technology Partners.
According to IDC, a leading industry analyst, the market for information
protection solutions (data in motion, date at rest, data in use) will grow
with a CAGR of 33.4% from $765 million in 2006 to $3.2 billion in 2011. Key
drivers for this market are increasing risks for the exposure of corporate
data and the growing number of regulatory requirements regarding data
breaches. With its next generation solution suite, SafeGuard Enterprise,
Utimaco offers a leading security platform that enables corporate customers
to address their data protection issues with a comprehensive, long-term
security strategy.
'We have monitored Utimaco´s track record over the past several years and
continue to be impressed by Utimaco´s expertise in developing innovative IT
security solutions. Our aim is to support Utimaco in order to
accelerate its growth by strengthening Utimaco´s presence in the
international markets and, on a selective basis, explore potential
acquisition opportunities', said Hazem Ben-Gacem, managing director of
Investcorp Technol-ogy Partners.
'Investcorp is very familiar with our business and our market. Their
renewed commitment confirms our strategy, the strength of our portfolio and
the potential of our market. We are delighted to have Investcorp as a
strong financial investor to support our growth strategy as an independent
vendor for leading data protection solutions', said Martin Wülfert, CEO of
Utimaco Safeware AG.
Utimaco Safeware AG The Data Security Company
Utimaco is a leading global provider of data security solutions, enabling
mid- to large-size organizations to safeguard their data assets against
intentional or accidental data loss, and to comply with privacy laws.
Utimacos complete range of data security solutions provide full 360 degree
data protection for data at rest, data in motion and data in use. Utimaco
offers its customers comprehensive on-site support via a world-wide network
of certified partners and subsidiaries. Utimaco
Safeware AG, with headquarters in Oberursel, near Frankfurt, Germany, is
listed on the Frankfurt Stock Exchange (ISIN DE0007572406). For more
information please visit www.utimaco.com.
About Investcorp Technology Partners
Investcorp Technology Partners is a leading private equity investor in
small and medium-sized technology businesses in North America and Europe.
The team focuses on growth buyout, corporate carveout and public situation
transactions. Some of the group's recent European investments include the
90 million buyout of Conduit Limited, Ireland's largest independent
directory assistance business, and the 105 million buyout of Moneybookers
Limited, one of Europes fastest growing and most profitable online payment
systems.
Investcorp Technology Partners is part of Investcorp, a leading provider
and manager of alternative investment products. It has investment offices
in New York and London. Founded in 1982, Investcorp has grown to become one
of the largest and most diverse alternative investment managers in terms of
both product offerings and geography. It currently has over $13 billion in
invested assets under management. Further information is available at
www.investcorp.com.
Utimaco Safeware AG
Hohemarkstr. 22
61440 Oberursel
www.utimaco.com
Jutta Stolp, CIRO
Investor Relations
Tel.: +49 (61 71) 88 - 11 17
jutta.stolp@utimaco.de
DGAP 01.02.2008
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Language: English
Issuer: Utimaco Safeware AG
Hohemarkstraße 22
61440 Oberursel
Deutschland
Phone: +49 (0)6171 88 - 0
Fax: +49 (0)6171 88 - 1290
E-mail: info@utimaco.de
Internet: www.utimaco.de
ISIN: DE0007572406
WKN: 757240
Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
in Berlin, Hannover, Düsseldorf, Hamburg, München, Stuttgart
End of News DGAP News-Service
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DGAP-News: Utimaco Safeware AG:Utimaco regains Investcorp as anchor investor to support further expansion in information protection solutions
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