Autonomy Announces Significant Expansion in Germany
Cambridge, England - 28 September 2005 - Autonomy Corporation plc (LSE: AU. or AU.L), a global leader in infrastructure software for the enterprise, today announces a significant expansion of its operations in Europe focused on the emerging economic growth in Germany. As part of the expansion Autonomy has acquired all outstanding shares of global linxs Gmbh, whose company global linxs GmbH was Autonomy's Partner of the Year for 2004.
Autonomy opened it offices in Germany in 1999 and since then has built an impressive customer base including Infineon, Vodafone, Henkel and AOL. The expanded operations will include approximately 16 exceptionally skilled employees who will significantly enhance Autonomy's presence in Germany and its resources worldwide. The expanded operations in Germany will be led by Jakob Riegger and Benjamin Bedekovic who are co-founders of global linxs. This expansion underscores Autonomy's commitment to the German market at a time of emerging economic growth in the region.
Dr. Mike Lynch, group CEO, commented: "We are extremely excited about the expansion of our operations in Germany. global linxs has a strong track record of penetrating key German corporate accounts and this acquisition is particularly important at a time of economic change in Germany. We believe that this expansion will give Autonomy additional critical mass in the German market and positions us well for future growth in the region."
Mr. Riegger commented: "For many years the global linxs team has maintained a reputation for excellence. Having worked with the company for many years it is clear that Autonomy is undoubtedly the most promising global leader in infrastructure software. As part of the Autonomy group we will be able to unleash new potential from the combined operations and work towards the further growth of profitable and long term customer relationships."
Autonomy has issued 388,084 Autonomy ordinary shares in consideration for acquisition of all outstanding shares of global linxs Gmbh for aggregate consideration of €2,010,000. Admission for these shares is expected on or about 29 September 2005 to the Official List and to trading on the London Stock Exchange. The acquisition is expected to be accretive to earnings in the fourth quarter of 2005 and not have a material impact on results in the third quarter of 2005.
About Autonomy Corporation plc
Autonomy Corporation plc (LSE: AU. or AU.L) is a global leader in infrastructure software for the enterprise. Autonomy's technology powers applications dependent upon unstructured information including call center, customer relationship management, knowledge management, enterprise portals, enterprise resource planning, online publishing and security applications.
Autonomy's customer base comprises more than 1,000 global companies and organizations including, among others, BAE Systems, AOL, Ford, Ericsson, Shell, Nestle, BBC, Reuters, Hutchison 3G, Royal Sun Alliance, Sun Microsystems, Philips, Boeing, Schneider Electric, Coca Cola, GlaxoSmithKline, Citigroup, ABN AMRO, Deutsche Bank, Nomura, the New York Stock Exchange, Daimler Chrysler, Kraft Foods, Lloyds TSB, the U.S. Department of Homeland Security, the U.S. Securities and Exchange Commission, NASA and the U.S. Department of Energy. Strategic reseller and OEM partners include leading companies such as ATG, BEA, Business Objects, Citrix, Computer Associates, EDS, IBM Global Services, Novell, Novient, Veritas, Vignette, Supportsoft and Sybase. The company has offices worldwide.
The Autonomy Group includes: Aungate, a leader in technology for Real-Time Enterprise Governance; Audentify, a leading supplier of next-generation contact center technology; Virage, a leading provider of rich media communication and content management software; and etalk, a leading provider of enterprise-class contact center products.
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