View all newsletters
Receive our newsletter - data, insights and analysis delivered to you
  1. Technology
April 20, 1992

KNOWLEDGEWARE SEEN AS A TAKEOVER TARGET OF SOFTLAB GmbH

By CBR Staff Writer

It seems KnowledgeWare Inc may be an acquisition candidate for hungry Munich software house Softlab GmbH which, on behalf of its 75% owner Bayerische MotorenWerke AG, is known to be assessing various complementary software businesses as potential buys, particularly in the US (CI No 1,869). According to Computerworld, Softlab recently offered $350m for the company which has been experiencing a rough time of late, reporting mid-term losses of $3.5m back in January (CI No 1,850). A spokeswoman for Softlab, however, told the US paper’s German sister publication, Computerwoche, that the figure had been plucked out of the air and, while confirming that the two companies are in discussion, said that negotiations are no further advanced than those it is currently having with at least four other US firms. Beyond that, Softlab isn’t giving anything away: US rules say it may not discuss talks until agreement is won.

Content from our partners
DTX Manchester welcomes leading tech talent from across the region and beyond
The hidden complexities of deploying AI in your business
When it comes to AI, remember not every problem is a nail

Websites in our network
Select and enter your corporate email address Tech Monitor's research, insight and analysis examines the frontiers of digital transformation to help tech leaders navigate the future. Our Changelog newsletter delivers our best work to your inbox every week.
  • CIO
  • CTO
  • CISO
  • CSO
  • CFO
  • CDO
  • CEO
  • Architect Founder
  • MD
  • Director
  • Manager
  • Other
Visit our privacy policy for more information about our services, how Progressive Media Investments may use, process and share your personal data, including information on your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.
THANK YOU