Domanski Zakrzewski Palinka | View firm profile
Lead:
The buyer of the shares, the German company Beta Systems DCI Software AG, a member of the Frankfurt-listed Beta Systems Software AG group, has expanded its portfolio to include the Polish company’s flagship product AutomateNOW! and will now be able to position itself as a leading player in the field of process automation.
Body copy:
With DZP’s support, the owners of the Polish company InfiniteDATA have sold 100% of the company’s shares to a German-listed company offering global IT solutions, Beta Systems DCI Software AG.
InfiniteDATA’s flagship product is the AutomateNOW! software, a WLA (Workload Automation) platform that is one of the products best rated by analysts. WLA platforms enable organisations to create, monitor and manage automated applications and infrastructure resources.
The merger with Beta Systems Software is a highly significant business move for InfiniteDATA launching the next stage of the Polish company’s global expansion. In turn, with this transaction, the buyer has gained a recognised tool proven on the market and as a result a leading position in the process automation programming sector.
“The market is in urgent need of a global player offering customers, partners and employees sustainable, reliable, robust WLA solutions. This transaction is a game-changer for existing and future customers.” says Rigas Paschaloudis, Beta Systems’ COO.
Our legal support for InfiniteDATA and its owners included assisting the company during a due diligence, preparing, reviewing and negotiating all the transaction documentation, and organising and assisting with contract signing and transaction closing and settlement.
At DZP, experts from the Corporate and M&A Practice – Paweł Pioruński, Partner, and Filip Krężel, Senior Associate – were involved in the project, supported in tax matters by Joanna Wierzejska, Partner, and Grzegorz Sprawka, Partner, and in competition law by Jarosław Łukawski, Partner, and Jan Siesicki, Associate.