Software AG says signed major deal with Bosch



Software AG (SOWG.DE) signed a major deal with German automotive supplier Robert Bosch [ROBG.UL] at the start of the fourth quarter instead of the end of the third quarter as it had hoped, Chief Financial Officer Arnd Zinnhardt told Reuters on Friday.
Software AG earlier disappointed the market with a 9 percent decline in third-quarter license sales at its digital business platform unit, which it sees as its growth engine.
Zinnhardt said in an interview two strategic deals had slipped from the third to the fourth quarter - the Bosch partnership and another major order from Italian insurance... read more

 
14 October 2016 in Science &Technology, Views: 69
Source: Reuters
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