Cell Network Acquires Internet Consulting Company in Italy.Business Editors &High Tech Writers STOCKHOLM, Sweden--(BUSINESS WIRE)--Feb. 8, 2000 Cell Network AB (publ) has signed a letter of intent regarding the acquisition of 100% of the Internet consulting company Noun 1. consulting company - a firm of experts providing professional advice to an organization for a fee consulting firm business firm, firm, house - the members of a business organization that owns or operates one or more establishments; "he worked for a WEB Internet Marketing See Internet advertising. Solutions S.r.l. in Milano, Italy. This acquisition further strengthens Cell Network's coverage of the European market and supplements existing operations in London, Madrid, Zurich, Munich, Paris, Oslo, Copenhagen and Stockholm. Strategic acquisition &uot;This is a strategic acquisition considering that Italy is a country that is expected to show strong growth over the coming years in Internet and mobile communications,&uot; says Jessica Stael von Holstein, who is responsible for international expansion at Cell Network. &uot;WEB is working with major European accounts in the Italian market, such as Lufthansa, which is a powerful contributing factor in choosing this company in the Italian market. Cell Network intends to acquire 100% of the shares in WEB Internet Marketing Solutions S.r.l. The parties have agreed not to disclose the purchase price. The acquisition is subject to customary due diligence Research; analysis; your homework. This term has caught on in all industries, because it sounds so "wired." Who would want to do analysis or research when they can do due diligence. See wired. . WEB Internet Marketing Solutions S.r.l. WEB was established in 1996 by the brother Franco Ricchiuti and Diego Ricchiuti, whose vision was to become the leading Internet supplier of e-business solution to companies in Italy. Franco Ricciuti is president of the company, which has 20 employees with expertise in strategy, technology and design. Sales are expected to amount to about SEK SEK In currencies, this is the abbreviation for the Swedish Krona. Notes: The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion. 5 M in 1999. Customers include the German airline Lufthansa, the food company Kraft Jacobs Suchard, the record company BMG BMG Bundesministerium für Gesundheit (Germand: Federal Ministry for Health) BMG Be My Girl BMG Blue Man Group BMG Bertelsmann Music Group BMG Be My Guest BMG Browning Machine Gun BMG Bulk Metallic Glass Records, the US insurance company Allstate Insurance, Seagram Italia, Universal Music and Initrade Spa. WEB has produced many awardwinning customer projects, amongst others are Unilevers productsite at www.axeformusic.com - awarded &uot;1998 Best Italian Webbsite&uot; - and Barzaghi Interiors Design at www.barzaghi.it - awarded &uot;1999 Best Italian Webbsite &uot;. WEB has also received first prize in the category &uot;Innovation in Communications&uot; 1999 on behalf of Lufthansa, see www.lufthansa.it. For further information on customers and solutions, visit http://web.webcity.it The Internet company Cell Network AB (publ) is listed on the OM Stockholm Stock Exchange's O-list and has international operations Internal Operations (I.O., IO or I/O) is a fictional American Intelligence Agency in Wildstorm comics. It was originally called International Operations. I.O. first appeared in WildC.A.T.S. volume 1 #1 (August, 1992) and was created by Brandon Choi and Jim Lee. in Sweden, Norway, Denmark, France, Spain, United Kingdom, Germany and Switzerland. The Group is a leading Internet consulting company for business development based on new digital media and aims to be the European market leader. Customers include General Electric, Telia, Nokia, ABB n. 1. Among weavers, yarn for the warp. Hence, Noun 1. ABB - an urban hit squad and guerrilla group of the Communist Party in the Philippines; formed in the 1980s , Volvo, Telenor, Renault, Saab, Banque Nationale Banque Nationale (French: "National bank") may refer to:
subscribe, take buy, purchase - obtain by purchase; acquire by means of a financial transaction; "The family purchased a new car"; "The conglomerate acquired a new company"; press releases online, visit www.huginonline.com. Note to Editors: Please visit http://www.bit.se for further information The following files are available for download: http://www.bit.se/bitonline/2000/02/08/20000208BIT00030/bit0001.doc http://www.bit.se/bitonline/2000/02/08/20000208BIT00030/bit0002.pdf |
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