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ACP Says No to IPO
The Viennese IT service provider has ruled out an IPO for the next two to three years as the market environment is “not suitable for medium-sized companies”.
June 27, 2011
austriamicrosystems Acquires US-based Company
The Styrian microelectronics and semiconductor manufacturer is going to buy 100% of the shares in an American light sensor supplier for $ 320m (€ 220m).
June 16, 2011
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Fabasoft Planning Capital Increase
The Austrian software company prepares for a capital increase by € 2.5m.
June 3, 2011
The Austrian IT service company could raise its operating profits. Revenues declined.
The Austrian IT service company could raise its operating profits. Revenues declined.
May 13, 2011
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Oracle Partners with Linz University
The U.S. software giant opens a research laboratory at the Johannes Kepler University in Linz.
May 10, 2011
Revenue Growth by 30% for Quanmax
In the first quarter 2011, the Austrian IT company Quanmax could improve its results significantly.
April 28, 2011
Good Prospects for Quanmax
The Austrian distributor of IT products could increase its profit. This year, the sales target is € 100m for the first time.
April 1, 2011
Beko Still Reports Losses
Despite a strong increase in sales, the Austrian ITservice provider is still in the red.
February 26, 2011
S&T Restructuring: Agreement with Banks Concluded
Detailed negotiations with banks were successfully concluded by the Austrian software company.
February 23, 2011
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Still Losses at Brain Force
The Austrian IT provider announces massively declining operating results in the first quarter 2010/11. Sales decreased by 19%.
February 17, 2011
Fabasoft: Decrease in Sales and EBIT
The Austrian Fabasoft AG announces preliminary figures for the first nine months of the fiscal year 2010/2011
February 12, 2011
Quanmax AG Achieves Record Sales
Sales revenues of the Austrian notebook manufacturer amounted to € 78m in 2010. For 2011, the company expects € 100m.
February 8, 2011
Kapsch and Google Enterprise Enter into a Partnership
Google Enterprise IT provider and Austria's leading ICT service-partner Kapsch BusinessCom will work together in future in cloud computing.
February 3, 2011
Refunding at S&T Accepted by Banks
The Austrian software company could close a “refinancing package” with its creditors. S&T sells subsidiaries in Ukraine and Moldova.
February 1, 2011
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New Board Member at S&T
The Austrian IT-consulter S&T appoints Michael Lanik as Chief Restructuring Officer.
January 26, 2011
"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
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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
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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
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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
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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.
November 12, 2010
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