DGAP-News: mic AG: mic IT AG takes a majority stake in the big data specialist Dimensio Informatics GmbH
(firmenpresse) - DGAP-News: mic AG / Key word(s): Investment/Acquisition
mic AG: mic IT AG takes a majority stake in the big data specialist
Dimensio Informatics GmbH
22.07.2013 / 07:48
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Munich, 22 July 2013 - The holding company mic IT AG, which belongs to mic
AG, has increased its holding portfolio with a further majority stake in
Dimensio Informatics GmbH, Chemnitz. As part of a combined transaction
comprising the acquisition of shares in the company and a cash capital
raising, mic IT AG acquired around 77 per cent of the voting rights in
Dimensio Informatics.
Stefan Ulrich Fleissner, responsible for structuring, negotiating and
executing the takeover of Dimensio Informatics GmbH on behalf of mic IT AG:
'With the acquisition of Dimensio Informatics GmbH we have undertaken an
important strategic step to increase our technological basis in the 'Big
Data' sector. Dimensio controls an excellent portfolio of patents for the
extreme acceleration of big volume and highly complex data bank
applications on the software side.
About Dimensio Informatics GmbH:
The company was established in 2010 as a spin-off of the professorship for
data administration systems at the Technical University of Chemnitz and has
12 employees, almost exclusively highly qualified information technology
specialists. The patented software portfolio of the multiple award-winning
software company includes products for the analysis and optimisation of
data bank applications that accelerate the processing time for the
evaluation and maintenance of highly complex data banks from 24 hours to a
matter of seconds. Dimensio was already able to provide impressive
evidence of this in 2011 with a range of customers domestically and
internationally.To accelerate the data bank applications, the company
employs techniques and methods from the 'Artificial Intelligence' (AI)
sector. The minimally invasive solution, which is integrated between the
applications and the data bank, develops its own multi-dimensional indexed
structure of the database and learns the connections between the data. In
this way, scanning such as, e.g., on IBM or Oracle systems, can be
accelerated by a factor of 1,000 and more without additional and expensive
investments in hard and software.
About mic IT AG:
mic IT AG is a holding company within the mic Group and bundles its
shareholdings in the information and communications technology sector with
the focus on the growth sector 'Big Data Technology and Applications'. mic
IT AG pursues the goal, through majority acquisitions of IT companies that
are already established on the market and exhibit strong growth, of
building the theme-based holding into a powerful and profitable IT
technology and service group as part of a 'buy-and-build strategy'.
About mic AG:
As a venture capitalist, Munich-based mic AG invests at an early stage in
promising companies in the clean-tech, life sciences, microsystems, optics
and software/IT sectors. With the help of its international network, the
mic Group assists the companies in which it invests to position themselves
rapidly and successfully and supports them in the search for investors to
finance growth. mic AG has been listed in the Entry Standard segment of the
Frankfurt Stock Exchange since October 2006 (Stock Exchange abbreviation:
M3B, ISIN: DE000A0KF6S5). You can find more information about mic AG at
www.mic-ag.eu.
Contact mic AG:
Manuel Reitmeier (CFO)
Türkenstraße 71
D-80799 München
Tel: +49 - 89-286 738 111
Fax:+49 - 89-286 738 110
manuel.reitmeier(at)mic-ag.eu
www.mic-ag.eu
ISIN: DE000A0KF6S5 | WKN: A0KF6S | Symbol: M3B
End of Corporate News
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22.07.2013 Dissemination of a Corporate News, transmitted by DGAP - a
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The issuer is solely responsible for the content of this announcement.
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Language: English
Company: mic AG
Türkenstr. 71
80799 München
Germany
Phone: +49 (0)89 286738-0
Fax: +49 (0)89 286738-110
E-mail: info(at)mic-ag.eu
Internet: www.mic-ag.eu
ISIN: DE000A0KF6S5
WKN: A0KF6S
Listed: Freiverkehr in Berlin, Düsseldorf, Stuttgart; Frankfurt in
Open Market (Entry Standard)
End of News DGAP News-Service
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222155 22.07.2013
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Datum: 22.07.2013 - 07:48 Uhr
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News-ID 280262
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