S&T: New Investors in Sight

Businessn.a. ♦ Published: January 7, 2011; 16:14 ♦ (Vindobona)

S&T, the software company undergoing massive difficulties located in Austria might get an Indian investor soon.

S&T: New Investors in Sight / Picture: © Vindobona.org

According to market rumors, an Indian IT company has shown interest in S&T. In recent months, the Vienna Stock Exchange listed company received attention only because of negative headlines,  concerning both the departure of its founder Thomas Streimelweger and its negative financial results. Streimelweger, who continues being the core shareholder, resigned as Chairman of the Board…