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April 05, 2006
BVGroup Back Expansion of Swiss E2E Technologies
BVGroup, a private equity firm in Bern, has invested SFr 5M in the expansion of Basel-based E2E Technologies. The investment gives BVGroup a 25 percent stake.
E2E is an 8 year old company that decided in the past year to package and sell software that it has been using for several years in projects in Switzerland. It is profitable and has been hiring up for an international expansion.
Its software is meant to ease systems integration projects, and is particularly strong in the SAP environment. From what we hear, a system integrator can do projects in shorter times and thereby improve their margin or lower their cost to be more competitive when bidding for projects.
Companies need E2E’s software to handle the kind of integration issues that erupt when two banks merge, or when a packaged food manufacturer wants to integrate its logistics system with its ERP system.
Posted on April 5, 2006 12:09 PM | Posted to Software | Permalink
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