Telesoftware is an enterprise dedicated to management software development and maintenance. The activities of Telesoftware are in the tax and human resources markets, and specialize in providing professional customers with robust tax compliance tools and payroll software. Telesoftware is therefore well positioned to fully complement Wolters Kluwer's award-winning portfolio in Spain.
Telesoftware will be integrated with existing operations in Spain and form part of Wolters Kluwer's Legal, Tax & Regulatory Europe (LTRE) Division.
"With this acquisition, Wolters Kluwer has made an important step in its strategic objective to drive revenue growth," stated Rolv Eide, CEO of LTRE. "It significantly reinforces our market position by increasing our customer portfolio and expanding our sales activities, as well as opening up substantial leveraging opportunities between Telesoftware products and our well-known brands A3, CISS and LA LEY."
About Wolters Kluwer
Wolters Kluwer (Euronext Amsterdam: WKL) is a leading multinational publisher and information services company. The Company's core markets are in the health, tax, accounting, corporate, financial services, legal and regulatory, and education sectors. As of 2003, Wolters Kluwer has annual revenues of EUR 3.4 billion, employs approximately 19,500 people worldwide, and maintains operations across Europe, North America, and Asia Pacific. Wolters Kluwer is headquartered in Amsterdam, the Netherlands. Its depositary receipts are quoted on the Euronext Amsterdam (WKL) and are included in the AEX and Euronext 100 indices.
Wolters Kluwer (Euronext Amsterdam: WKL) is a leading multinational publisher and information services company. The Company's core markets are in the health, tax, accounting, corporate, financial services, legal and regulatory, and education sectors. As of 2003, Wolters Kluwer has annual revenues of EUR 3.4 billion, employs approximately 19,500 people worldwide, and maintains operations across Europe, North America, and Asia Pacific. Wolters Kluwer is headquartered in Amsterdam, the Netherlands. Its depositary receipts are quoted on the Euronext Amsterdam (WKL) and are included in the AEX and Euronext 100 indices.
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Caroline Wouters
Vice President, Corporate Communications
t + 31 20 60 70 459
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