The company plans an increase in the number of employees at itCampus to 25 percent for 2010 – Software AG acquires the remaining 49 percent of the shares of itCampus Leipzig/Darmstadt, may 28, 2010 – Software AG today announced the expansion of their subsidiary itCampus, a research and development company based in Leipzig. For 2010, the company plans the setting of another fifteen research specialists. In addition the software AG has taken over the company completely after she already had itCampus purchased 51 percent of the shares in April 2009. We consider itCampus innovation blacksmith”, explained Peter Asissh pick, product Board of software AG. Much of the technology developed here, incorporated into our product portfolio. We want to expand the site and make use of the excellent innovative knowledge of graduates in Leipzig and Halle.”itCampus was founded in 1999 by Prof. Wolfgang Lassmann against the background of the growing demand for high-tech know-how.
He recognized the need, here leading Heads to train in Germany and to keep these young elite in the country. I can look back with a certain pride on our successful efforts, to build software knowledge leading to Leipzig-Halle and to develop ground-breaking technologies”, he explained. “As part of the software AG Group we now have the certainty that itCampus with the necessary financial strength continues to grow can and the developed software technology will have access to the world market.” “Our joining of itCampus is a strong sign of Saxony as a location for software development and investing in heads and knowledge. itCampus has still close links with leading universities and research institutions. Think-tank our development capacity will strengthen itCampus.” Karl-Heinz Streibich, CEO of software AG. itCampus Software AG will act despite the full acquisition by the independently. The operations are still led by Dr. Andreas Lassmann and Tobias Schmidt. About software AG Software AG is the world leader in the field of business process excellence.