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AUSTRIA: YLINE, BEKO TO MERGE

Article Abstract:

In Austria, the internet company YLine is to take over the software house Beko. The merged company with 1,200 staff is expected to generate a pre-tax profit of EUR 3.5mn on a turnover of EUR 150mn in year 2000. YLine runs a number of business-to-business e-commerce platforms for clients such as the insurance companies Allianz and Basler, Cap Gemini and Metro. Beko recently acquired 55% of the stock of the business-to-business platform Offert.com. YLine and Beko are now planning to enter the Application Service Provider market and become one of the ASP leaders in Europe.

Publisher: Unabhaengige Tageszeitungs fuer Oesterreich
Publication Name: Presse
Subject: Business, international
ISSN:
Year: 2000
Prepackaged software, Computer Software, Software Publishers, Asset sales & divestitures, On-Line Information Services, Videotex & Teletext, Database Vendors, Telegraph & other communications, Information retrieval services, Yugoslavia, Software, Database industry, Internet services, Brief Article, BEKO

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AUSTRIA: JOWOOD PROFITS FALL

Article Abstract:

In the first 9 months of 1999, the Austrian computer game developer JoWooD made a pre-tax profit of EUR 244,000, down by one-third from the year earlier period. Turnover doubled to EUR 4.22mn.

Publisher: Unabhaengige Tageszeitungs fuer Oesterreich
Publication Name: Presse
Subject: Business, international
ISSN:
Year: 2000
Sales, profits & dividends

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Subjects list: Austria, Information technology services
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