TietoEnator makes acquisition.TIETOENATOR MAKES ACQUISITION. TietoEnator Corp., Finland and Sweden, has acquired the 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. business for pulp and paper industry The global pulp and paper industry is dominated by North American (United States, Canada), northern European (Finland, Sweden) and East Asian countries (such as Japan). Australasia and Latin America also have significant pulp and paper industries. from CSC Austria, which has 80 employees in Vienna, Graz and Linz, Austria. The business is geared to SAP and Oracle deliveries, maintenance, and further development for leading forest companies globally. IN OTHER NEWS: TietoEnator has acquired the entire share capital of Pentec Ltd, Aylesford, Great Britain Great Britain, officially United Kingdom of Great Britain and Northern Ireland, constitutional monarchy (2005 est. pop. 60,441,000), 94,226 sq mi (244,044 sq km), on the British Isles, off W Europe. The country is often referred to simply as Britain. , Pentec is a provider of IT solutions for the paper and corrugated board industry. The acquisition supplements TietoEnator's forest IT solutions and services and strengthens the Group's global market position within this sector. Pentec had annual revenues in 2004 of EUR EUR In currencies, this is the abbreviation for the Euro. 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 $1 trillion. 4 million (US$ 5.14 million). |
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