âDivesting Orc Softwareâs minority share of Infront is wholly in line with our strategy to further streamline our business,â says Thomas Bill, CEO, Orc Software. âInfront is an important business partner to Orc and we will continue to market their products as a part of our solutions.â
The sale of Infront shares will result in a realised profit of about SEK 15 million. This profit will be accounted for during the third quarter of 2007.