Nordic Business Report-April 28, 2006-AffectoGenimap Plc acquires Lithuanian document management company
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Finnish extended business intelligence (XBI) solutions provider AffectoGenimap Plc said on Friday (28 April) that it was acquiring the Lithuanian company UAB Dokumentu valdymo sistemos, which operates with the Infotec trademark.
The company's offering includes document management and data capture solutions.
As part of the transaction the management of the company has committed to buy some EUR0.25m of AffectoGenimap shares from the stock market and to hold the shares for the next 12 months.
The acquisition price was not disclosed.
One euro (EUR) is worth approximately 0.69 British pounds (GBP).
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