25.07.2018
PSI Software AG DE000A0Z1JH9
DGAP-News: PSI Strengthens Its Software for Public Transportation by Acquiring Moveo Software GmbH
DGAP-News: PSI Software AG / Key word(s): Takeover
PSI Strengthens Its Software for Public Transportation by Acquiring Moveo
Software GmbH
25.07.2018 / 13:05
The issuer is solely responsible for the content of this announcement.
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PSI Strengthens Its Software for Public Transportation by Acquiring Moveo
Software GmbH
Supplementing the product range with planning software strengthens market
position
PSI Group improves its position in the public transportation business by
acquiring Moveo Software GmbH of Potsdam. Moveo Software GmbH was founded in
1990 and has 20 employees. The core business centers around the profahr
programme system for planning, disposition and invoicing of transportation
operations. The system is the ideal supplement for PSItraffic control
systems developed by the PSI Transcom GmbH for public transportation.
Moveo profahr supports service operations and offers, with the personnel
disposition, a scalable, flexible and universally applicable software
solution. profahr guarantees that statutory and operational regulations are
maintained, provides a number of optimization components for planning
service operations and supports web user interfaces and mobile devices.
The acquisition of the Moveo Software GmbH shares strengthens PSI Transcom
GmbH's market position. profahr supplements the PSI product range.
Transportation companies now obtain both the software for scheduling
personnel as well as for customer administration and invoicing along with
the software for controlling operations and passenger information from one
shop. In addition, with the acquisition, the PSI Transcom GmbH strengthens
their team with more highly-qualified and experienced specialists with
extensive qualifications in the growing market for mobility solutions.
PSI Group is examining further acquisitions for the strengthening of its
core business.
PSI Transcom GmbH develops and integrates, on the basis of the PSItrafffic
product, operational control and passenger information systems for public
transportation companies (rail, rapid transit, underground rail, trams,
busses, on-demand busses). The company has been on the market for 37 years
and is a wholly-owned subsidiary of PSI Software AG. www.psitrans.de
On the basis of its own software products, PSI Group develops and integrates
complete solutions for optimizing the flow of energy and material at
suppliers (energy networks, energy trading, public passenger transport) and
industry (raw material extraction, metal production, automotive, mechanical
engineering, logistics). PSI was founded in 1969 and employs more than 1,700
persons worldwide. www.psi.de
Contact
PSI Software AG
Karsten Pierschke
Head of Investor Relations and
Corporate Communication
Dircksenstraße 42-44
10178 Berlin
Germany
Phone +49 30 2801-2727
Fax +49 30 2801-1000
Email: [email protected]
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25.07.2018 Dissemination of a Corporate News, transmitted by DGAP - a
service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
The DGAP Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Archive at www.dgap.de
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Language: English
Company: PSI Software AG
Dircksenstraße 42-44
10178 Berlin
Germany
Phone: +49 (0)30 2801-0
Fax: +49 (0)30 2801-1000
E-mail: [email protected]
Internet: www.psi.de
ISIN: DE000A0Z1JH9
WKN: A0Z1JH
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated
Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich,
Stuttgart, Tradegate Exchange
End of News DGAP News Service
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