BRIEF

on Nexway AG (isin : DE000A2E3707)

Academic Software Acquires Germany's asknet GmbH

On September 20th, 2024, Academic Software, part of Signpost, announced the acquisition of asknet GmbH, a leading German academic software provider. This move significantly strengthens Academic Software’s presence in the DACH region's educational market.

This acquisition highlights Academic Software’s strategy to expand its digital education solutions across Europe. The integration leverages asknet’s established brand and expertise in Germany, Switzerland, and Austria, where it serves over 80% of universities.

asknet GmbH brings over 30 years of experience in providing software to educational and research institutions, offering top-tier products at competitive rates. Academic Software, known for its innovative digital solutions and partnerships with global giants like Microsoft and Google, aims to enhance digital education further.

Frederik Meheus, CEO of Academic Software, expressed enthusiasm about this significant step. He emphasized the potential to achieve remarkable advancements in digital education by combining asknet’s strong brand and expertise with Academic Software’s leading role in innovative solutions.

R. P.

Copyright © 2024 FinanzWire, all reproduction and representation rights reserved.
Disclaimer: although drawn from the best sources, the information and analyzes disseminated by FinanzWire are provided for informational purposes only and in no way constitute an incentive to take a position on the financial markets.

Click here to consult the press release on which this article is based

See all Nexway AG news