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CANCOM SE: sale of subsidiary to CPU Softwarehouse AG
Sale underpins the group's strategic focus
Munich, Germany, 19 December 2016 - CANCOM SE today sold its 100 percent subsidiary NSG GIS GmbH to CPU Softwarehouse AG. NSG GIS GmbH provides personnel services in the IT area. The sale supports the continuous development of CANCOM group towards higher margin business.
CPU Softwarehouse AG headquartered in Augsburg, Germany, is a future-oriented software house and IT consulting company for the banking sector with subsidiaries in Germany and Switzerland. CPU and their group companies develop software and operate IT services for software development, quality assurance and project management in the banking industry.
CANCOM and CPU see various opportunities for cooperation in the future. In order to strengthen the operational business relations, CANCOM has invested a significant six-digit amount in CPU Softwarehouse AG.
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