Information Technology

"Conversations about the Future" between Austrian and Canadian IT companies

The Austrian IT industry, motivated by Canadian success models, intends to strengthen its role in the domestic economy significantly.

January 22, 2011

austriamicrosystems Reports Increase in Revenues

austriamicrosystems reports preliminary unaudited financial information for full year and fourth quarter 2010.

January 20, 2011

Imtech Austria has Expansion Plans

The subsidiary of the Dutch Imtech Corporation, located in Linz, wishes to get into Eastern Europe and achieve stronger growth.

January 12, 2011

Crash of JoWood’s Share

After the insolvency submission, the Austrian game manfacturer’s shares had to be suspended from trading. On the first trading day, the share fell by 30%.

January 12, 2011

S&T announces to withdraw from Germany

The Austrian information technology consulter S&T withdraws from the German market. Hence the German subsidiary „S&T Deutschland GmbH“ will be closed.

January 10, 2011

Management Change at IBM Austria

Tatjana Oppitz is the new Director-General at IBM Austria, replacing Leo Steiner.

January 7, 2011

S&T: New Investors in Sight

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

January 7, 2011

Splitting-off at IT Service Provider Beko

The shareholders of the Austrian Beko Holding are about to decide a splitting-off of Cross Informatik GmbH. Besides, ownership structure of Beko will change.

December 31, 2010

Profit Warning at S&T

The Q4 data of the Austrian software consulting company show negative operational results.

December 31, 2010

Brain Force Reports Positive Turnaround

Brain Force Holding AG, an Austrian IT services provider, announced its business results for the 2009/10 fiscal year.

December 21, 2010

Potential of Austria's Creative Industries

Mitterlehner and Leitl: the Austrian creative industry accounts for 60,000 cross-industry jobs and acts as an export driver.

December 20, 2010

Beko: Sales Drop by 15%

The Austrian IT company Beko Holding AG has to accept sensitive decreases in sales and profits.

December 16, 2010

Controversies About S&T Personnel

The chairman of the Vienna-based IT services provider, Thomas Streimelweger sues the supervisory board because of his dismissal, which he allegedly offered.

December 16, 2010

SIS to be Sold to Atos Origin

The French Atos Origin Acquired Siemens IT Solutions and Services, both companies expect synergy effects. Drastic job cuts in Vienna are feared.

December 15, 2010

Failure of Austria's Software Industry

The President of the VÖSI, Peter Kotauczek, draws a sobering summary of the efforts of domestic software manufacturers.

December 6, 2010

CEO Streimelweger leaves S&T

After the difficulties of recent months CEO Thomas Streimelweger is leaving the Vienna Stock Exchange listed company.

November 23, 2010

Lufthansa-CEO Mayrhuber Moves to Infenion

Infineon Nominates Wolfgang Mayrhuber as Designated Supervisory Board Chairman and Appoints Dominik Asam as New Chief Financial Officer.

November 23, 2010

S&T Seeks to Refinance Bonds

The Vienna-based IT service provider wants to have a sound financing basis. New investors are also being sought.

November 19, 2010

Economic Espionage: Damages for 880 Million Euro in Austria

Every year, Austrian companies lose 880 million euro to economic and industrial espionage.

November 18, 2010

Fabasoft Announces Figures for the First Half of 2010

Fabasoft AG announces preliminary Group figures for the first half of the fiscal year 2010/2011. Slight losses are expected.

November 12, 2010

S&T Denies Bankruptcy Petition

The Vienna Stock Exchange listed IT company provides S&T is facing widespread allegations. It has been rumored that the company is faced with a bankruptcy petition.