This is the third major strategic step for us this year, one which moves us even closer to realizing our long-term strategic goal of becoming the leading global fintech company, serving the full financial automation value chain.The acquisition brings clear benefits to both companies, opening up new markets to Tembit and enabling Hanse Orga to further strengthen its cloud-based capabilities. Ultimately, this will allow us to satisfy the evolving needs of our increasingly diverse customer base.
Jointly with our existing group company Soplex, Tembit Software will reinforce our presence in the strategy hub Berlin, adding further local presence in Austria through their Vienna office. I am personally very excited about the opportunities that the Tembit and Hanse Orga collaboration will present, and feel extremely positive that the current Tembit leadership team will remain in place and join us in achieving our shared strategic goal.
Hanse Orga Group