Nordic Business Report-November 7, 2005-Columbus IT Partner A/S acquires Dutch software firm To-Increase BV
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Danish business solutions provider Columbus IT Partner A/S said on Friday (4 November) that it had agreed to acquire Dutch company To-Increase BV. The purchase price comprises a fixed sum of EUR2.70m and additional payments of up to EUR2.80m based on future performance. All payments are to be made in shares in Columbus IT Partner. To-Increase develops add-on solutions for Microsoft Dynamics AX (Axapta) and Microsoft Dynamics NAV (Navision) solutions. One euro (EUR) is worth approximately 0.68 British pounds (GBP).
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