The Management Board and Supervisory Board of USU approved the acquisition at their meeting today. The Management Board of USU and the shareholders of SecurIntegration will sign the contracts for the purchase of the shares soon.
SecurIntegration is a software company specializing in SAP license optimization that has created the de facto standard for SAP license management with its proprietary Software License Compliance (SLC). USU Software AG's new subsidiary therefore ideally supplements the existing software license management portfolio of the USU Group. SecurIntegration was founded in 2001 and currently employs 15 people. Its customers include renowned companies such as Continental, Dätwyler and AMAG.
In fiscal 2014 SecurIntegration generated sales of around EUR 1.5 million and a positive operating result.