TietoEnator has acquired ERP business for Pulp and Paper industry from CSC Austria

TietoEnator Corporation Press Release 31 March 2005 1.30 PM EET

TietoEnator has acquired the ERP business for Pulp and Paper industry from CSC Austria. The business is mainly focused on SAP and Oracle deliveries, maintenance and further development for leading forest companies globally.

The acquired business has 80 employees in Vienna, Graz and Linz, Austria. TietoEnator has established new subsidiary, TietoEnator GmbH in Austria, and the deal will be effective as of 1st April 2005. After the acquisition, TietoEnator Forest has around 780 employees globally.

"This acquisition will provide us a valuable ERP competences and it enables us to expand our offering to our forest customers in Central Europe. For the customers of the business, we shall be able to offer TietoEnator's unique combined forest know-how and IT-services," says Sakari Ruotsalainen, Senior Vice President, TietoEnator Forest.

"Our customers and both parties will have advantages of the deal and the cooperation agreement in Austria," says Manfred Prinz, CEO, CSC Austria.

The forest industry is a high priority to TietoEnator. The Group's position as a world-leading IT services provider to the forest industry is based on a strategic combination of industry-specific IT solutions and IT partnerships with leading forest industry companies.

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