New Company To Operate Homag and IMA Independently.THE OCTOBER MERGER of Homag and IMA (Interactive Multimedia Association, Annapolis, MD) An earlier trade association founded in 1988 originally as the Interactive Video Industry Association. It provided an open process for adopting existing technologies and was involved in subjects such as networked services, scripting has created a new umbrella company In the United Kingdom, an umbrella company acts as employer to independent contractors who work under temporary contract, usually through a specialist employment agency. Recruitment agencies will only issue contracts to a Limited Company; since the introduction of the MSC (Managed , Lignum Technology AG based in Schopfloch, Germany. Lignum will oversee the individual companies while allowing them to retain their names and corporate identities. Lignum, which is managed by a four-man board representing the boards of Homag AG, IMA AG and Schuler Business Solutions AG, employs 4,000 people and had sales of about 990 million (DM) in 1998. The company expected 1999 sales to grow by more than 15 percent. While the two divisions will continue to be operated as independent business units, and may compete against each other in the marketplace, Lignum expects to achieve synergistic synergistic /syn·er·gis·tic/ (sin?er-jis´tik) 1. acting together. 2. enhancing the effect of another force or agent. syn·er·gis·tic adj. 1. savings of 40 million (DM) through optimization optimization Field of applied mathematics whose principles and methods are used to solve quantitative problems in disciplines including physics, biology, engineering, and economics. of materials and productivity improvements. Company spokesman Klaus Bukenberger says that IMA's main sphere of concentration is the industrial sector, while Homag's focus is on the industrial sector and cabinet shop. "The performance spectrum will range from engineering anti consultancy through the manufacture of high-tech machinery and complex plants to software and e-commerce e-commerce, commerce conducted over the Internet, most often via the World Wide Web. E-commerce can apply to purchases made through the Web or to business-to-business activities such as inventory transfers. ," he says. Lignum plans to make a push into e-commerce led by Schuler Business Solutions AG. "We will be acting in the future as e-commerce partner to our customers with services ranging from dialogue with end users via the Internet through sector-specific ERP (Enterprise Resource Planning) An integrated information system that serves all departments within an enterprise. Evolving out of the manufacturing industry, ERP implies the use of packaged software rather than proprietary software written by or for one customer. systems to production control systems," says Schuler chairman Frank Wiegmann. |
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