Press Releases

zetVisions acquires Corporate Investment Management capabilities from Business Objects

zetVisions strengthens leadership position in corporate investment management software market

Customers using BusinessObjects Cosmos and BusinessObjects Insighter benefit from new agreement

Heidelberg / Paris – zetVisions AG today announced it has closed an agreement with Business Objects, an SAP company, to acquire its corporate investment management (CIM) capabilities, BusinessObjects™ Cosmos and BusinessObjects™ Insighter and support those customers using the solutions.

“zetVisions is a leader in the CIM market, and today’s transaction underlines our ongoing commitment to collaborate with technology companies that complement our enterprise performance management strategy,” said Sanjay Poonen, senior vice president and general manager for Enterprise Performance Management at Business Objects, an SAP company. “Customers using BusinessObjects Cosmos and BusinessObjects Insighter will benefit from the focus and domain expertise that zetVisions offers.”

Marko Albrecht, CEO of zetVisions AG, said: “This transaction offers a win-win solution for Business Objects’ CIM customers. Now those customers can come to zetVisions – a leading specialist in the field – for all their investment management needs. Today’s news will strengthen our working relationship with Business Objects and enhance our long-term partnership with SAP to provide our customers with top-notch CIM capabilities. We welcome all customers of BusinessObjects Cosmos and BusinessObjects Insighter and will help them to meet their CIM needs today and in the future.”

The newly established zetVisions France S.A.S. is based in Paris and is directed by Pascal Lardinois. Mr Lardinois has over 20 years experience in the market, having previously lead business development and product management at Business Objects and Cartesis. Mr Lardinois is accompanied by a team of experienced product experts who will secure ongoing services and further development of the well established BusinessObjects Insighter solution. zetVisions Belgium S.P.R.L. will similarly act to conduct activities in the Benelux and is also led by Mr Lardinois.

For additional details about the transaction and new benefits, customers can attend two user group events to be held in Frankfurt on July 8 and Paris on July 10. More information and details concerning the user group events can be found here.

About zetVisions
zetVisions AG specializes in Corporate Governance & Compliance. The business application zetVisions Corporate Investment Manager (zetVisions CIM) for investment management in corporate groups was developed in a "Software Development Cooperation Agreement" with SAP AG. zetVisions CIM today is as a SAP-endorsed business solution part of the official solution map of SAP. zetVisions serves with approximately 100 employees, located in the headquarter in Heidelberg (Germany) and subsidiaries in Frankfurt/M. (Germany), Paris (France) and Brussels (Belgium), more than 200 customers and thus is market leader for investment management software in Europe.

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Contact:
zetVisions AG
Im Breitspiel 21
D-69126 Heidelberg
Dr. Thomas Keil
Tel.: +49 62 21-3 39 38-603
Fax: +49 62 21-3 39 38-922
E-Mail: thomas.keil@zetvisions.de