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Darmstadt and Saarbruecken, Germany, 09/07/2010
IDS Scheer AG’s annual general meeting approved the merger agreement with Software AG by a majority of 92,03 % of the share capital on July 8, 2010. This is another important step in the integration of Software AG and IDS Scheer AG.
Dr. Wolfram Jost and Josef Bommersbach remain members of the IDS Scheer AG Executive Board until the merger takes effect legally, making IDS Scheer AG a part of Software AG and eliminating its Executive Board. This will happen when the merger is entered into the commercial register. Effective immediately, Dr. Jost will act as spokesman for the IDS Scheer AG Executive Board.
In light of the decision to merge the two companies, previous IDS Scheer AG Executive Board members Peter Gérard and Rudolf Keul left the company by mutual agreement on conclusion of the IDS Scheer AG annual general meeting on July 8, 2010.
About Software AG
Software AG is the global leader in Business Process Excellence. Our 40 years of innovation include the invention of the first high-performance transactional database, Adabas; the first business process analysis platform, ARIS; and the first B2B server and SOA-based integration platform, webMethods.
We are unique in offering the world’s only end-to-end – and easiest to use – business process management (BPM) solutions, with the lowest Total-Cost-of-Ownership. Our industry-leading brands, ARIS, webMethods, Adabas, Natural and IDS Scheer Consulting, represent a unique portfolio for: process strategy, design, integration and control; SOA-based integration and data management; process-driven SAP implementation; and strategic process consulting and services.
Software AG had revenues of 847 million euro (IFRS, unaudited) in 2009 and has more than 6,000 employees serving 10,000 enterprise and public institution customers across 70 countries. Our comprehensive software and services solutions allow companies to continuously achieve their business results faster. The company is headquartered in Germany and listed on the Frankfurt Stock Exchange (TecDAX, ISIN DE 0003304002 / SOW).
About IDS Scheer
IDS Scheer is part of the Software AG Group and a leading provider of Business Process Management (BPM) software, solutions and services for corporations and public organizations worldwide. With the ARIS Platform for Process Excellence, the company offers an integrated, comprehensive solution portfolio for the strategy, design, implementation and controlling of business processes, allowing companies to continuously improve their overall business performance. Utilizing the ARIS Value Engineering (AVE) approach, IDS Scheer consultants bridge the gap between corporate strategy, business processes, IT solutions and process controlling.
Software AG – Get There Faster
Software AG | Uhlandstraße 12 | 64297 Darmstadt | Germany
Director Media Relations
Tel: +49 6151 92-1574
Fax: +49 6151 92-34-1574
Vice President Corporate Communications
Tel: +49 6151 92-1146
Fax: +49 6151 92-1623