03.09.2018
adesso AG DE000A0Z23Q5
DGAP-News: adesso takes over Collogia Trianova GmbH and updates in|sure with a module for company pensions and working time accounts
DGAP-News: adesso AG / Key word(s): Takeover
adesso takes over Collogia Trianova GmbH and updates in|sure with a module
for company pensions and working time accounts
03.09.2018 / 09:35
The issuer is solely responsible for the content of this announcement.
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adesso takes over Collogia Trianova GmbH and updates in|sure with a module
for company pensions and working time accounts
adesso insurance solutions GmbH has taken over the full business operations
of Cologne-based Collogia Trianova GmbH with effect from 31 August 2018.
Collogia Trianova has more than 30 employees. In doing so, adesso is
expanding its own range of products and services in the field of company
pensions and working time accounts, and is acquiring the CollPhir(R)
software solution, which has already had years of success on the market.
CollPhir(R) will be integrated into adesso's in|sure product family as part
of the business merger, which means that the standard software solution for
the insurance industry will be expanded to include the additional functions.
The former CEO of Collogia Trianova, Dr Michael Höhnerbach, will be a new
addition to the management of adesso insurance solutions and will continue
to develop services in the field of company pensions, working time accounts
and actuarial consulting. A lower seven-figure valuation was agreed upon
based on defined conditions.
Collogia Trianova has been operating in the field of pension management
since 1995 and is one of Germany's leading solution providers in the area of
company pensions. Integrating solutions like this has become increasingly
important, especially in the life insurance segment. As a result of the
merger, adesso insurance solutions will benefit directly from tried and
tested software, expertise and additional customer relationships, which will
allow it attain a strong positioning in the future field of company
pensions. The software solution that adesso insurance solutions GmbH has
also acquired is used by a number of renowned customers such as Deka Bank,
LBBW and Deutsche Post. Together with adesso insurance solutions and the
adesso Group, the former Collogia Trianova will be able to realise much
bigger projects and target additional customers. The now broader developer
base will be used to adapt the solution to meet new market requirements and
expand the range of services. The integration will also take place
spatially, which means that employees will soon be working with their
colleagues at adesso's Cologne location.
adesso insurance solutions GmbH
adesso insurance solutions GmbH houses the adesso Group's own product
portfolio for the insurance market and develops software and services for
handling technical business processes on behalf of customers. The company
offers compatible standard software products for inventory and claims
management, to include all insurance segments, on the in|sure platform and
is responsible for their integration into customers' application landscapes.
Apart from the core applications for private health, composite and life
insurers, the portfolio offers supporting systems like a partner management
application (in|sure Partner) or a product modeling application (in|sure
Product Manager). In addition, adesso insurance solutions offers a system
for software-supported migration of legacy systems (MIGSuite), which can
also be used outside of the insurance market.
adesso Group
With over 2,900 employees and annual sales of EUR 321.6 million in 2017,
adesso Group is one of the largest German IT service providers and has
outstanding opportunities for growth. At its own locations in Germany,
Austria, Switzerland, Turkey, Spain, Bulgaria, USA and the UK as well as at
numerous customer sites, adesso offers consulting and software development
services for optimising core business processes. adesso also offers
ready-to-use software products for standard applications. The development of
an own, industry-specific product-portfolio opens up additional growth and
earnings opportunities and is another key element of the adesso strategy.
2016 and 2018, adesso was awarded as the best employer in the german
IT-sector.
Contact:
Martin Möllmann
Manager Investor Relations
Tel.: +49 231 7000-7000
E-Mail: [email protected]
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03.09.2018 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: adesso AG
Stockholmer Allee 20
44269 Dortmund
Germany
Phone: +49 231 7000-7000
Fax: +49 231 7000-1000
E-mail: [email protected]
Internet: www.adesso-group.de
ISIN: DE000A0Z23Q5
WKN: A0Z23Q
Listed: Regulated Market in Frankfurt (General Standard);
Regulated Unofficial Market in Berlin, Dusseldorf,
Hamburg, Stuttgart, Tradegate Exchange; London
End of News DGAP News Service
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719747 03.09.2018
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