Constellation Software Inc. Acquires the Shares of TietoEnator Majiq, Inc. (Majiq) from Tieto Oyj’s US Subsidiary Tieto USA
TORONTO, ONTARIO–(Marketwire – Mar 9, 2010) – Constellation Software Inc. (“Constellation”) (TSX:CSU) voiced currently which it has completed, by the wholly-owned auxiliary Constellation Homebuilders Systems (“CHS”), the merger of the shares of TietoEnator Majiq, Inc. (Tieto) from Tieto Oyj (HEL:TIE1V).
“Tieto’s Majiq program multiplication is the proven marketplace personality for sales sequence estimate and production execution systems program dedicated to the Pulp and Paper verticals in North America and multiform general markets. The merger of Majiq provides us with a brand new straight marketplace where we can request the proven most appropriate practices. We acquire the employees, business and products in to the CHS family.” pronounced Dexter Salna, President of CHS.
About Constellation:
Constellation’s usual shares have been listed on the Toronto Stock Exchange underneath the pitch “CSU”. Constellation Software is an general provider of marketplace heading program and services to a series of industries opposite both the open and in isolation sectors. Constellation acquires, manages and builds straight marketplace program businesses which yield mission-critical program solutions to residence the specific needs of the business in those industries.
About Tieto Oyj:
Tieto is an IT use association on condition that IT, R&D and consulting services. With we estimate 16,000 experts, Tieto is between the heading IT use companies in Northern Europe and the tellurian personality in comparison segments. Tieto specializes in areas where they have the deepest bargain of their customers’ businesses and needs. Tieto’s higher patron centricity and Nordic imagination set them detached from their competitors. (www.tieto.com)
