Release no. 27/2014
Columbus A/S has today concluded an agreement about acquisition of all assets in the Dutch company Dynamics Anywhere, a leading software vendor of mobility solutions for business applications. The acquisition is a strategic move in line with Columbus’ market strategy to further strengthen the Company’s global position as an innovative solution provider.
Dynamics Anywhere offers a range of mobile applications that support various business processes for enterprises and is thus a natural expansion of Columbus’ software offerings.
”We are very pleased to announce the acquisition of Dynamics Anywhere. Mobile interaction with business data is a growing market and we see an increasing need for making business data available for end users. Dynamics Anywhere has the competencies and the solutions to help enterprises accomplish exactly that,” says Thomas Honoré, CEO, Columbus.
Since Dynamics Anywhere was founded in 2009, the company has increased its market share and today has a global network of 150 partners. In 2013 the company had revenues of EUR 1.5m and expects revenues in the level of EUR 1.7m in 2014.
The takeover, for an undisclosed sum, is with immediate effect. The acquisition is not expected to impact the result for 2014. The announced expectations to 2014 are thus being maintained, and Columbus expects revenues in the level of DKK 900m and an EBITDA* in the level of DKK 80m.
Ib Kunøe Thomas Honoré
Chairman CEO
Columbus A/S Columbus A/S
For further information, please contact:
CEO Thomas Honoré, T: +45 70 20 50 00.
Translation: In the event of any inconsistency between this document and the Danish language version, the Danish language version shall be the governing version.
* EBITDA before share-based payment
