Softline takes over French STR (Software Technology Services) S.a.r.l.
Softline continues its expansion course and establishes its fourth European location in France - in addition to Germany
Leipzig, 02 February 2011 – Softline AG has successfully concluded its 100% takeover of the French IT specialist STR (Software Technology Services) S.a.r.l. and expands its European presence with the location at Vélizy close to Paris. The takeover represents a further important element in the company’s expansion strategy decided on at the 2010 Annual General Meeting.
Established already in 1992, STR has since developed into a profitable company enjoying an excellent market position and reputation.
At present, STR has 11 employees and with its service competence fits seamlessly into the portfolio of the high-quality IT consultancy services offered by the Softline Group. The services of the French STR in particular include the areas of IT infrastructure consulting focussing on virtualisation. In addition, STR also offers software products and provides their associated services. In this way, the Softline Group will gain a higher profile also in France in particular in the areas of Software Asset Management.
In the words of Christoph Harvey, member of the Board of Directors at Softline AG: "I am pleased to continue the meaningful development of our investment strategy in Europe with the acquisition of the French STR and that were once again able to achieve a competent expansion of our service portfolio for our customers in Europe."