News

Basware's acquisition of Contempus AS endorsed

Basware is the global leader in Purchase to pay automation and develops software for procurement and financial process automation. Basware`s solutions currently have more than 650 000 end users in over 1 200 large organizations. Together with Contempus, Basware will form a strong organization with a deeper and wider purchase to pay expertise which you as a valued customer will further benefit from.

In the short term, the acqusition will have no impact on you as an existing Contempus customer. The product offerings of the two companies will live side by side and Basware will continue to provide maintenance and support for the Contempus Solutions. Over time, there will be a common leading edge Enterprise Purchase to Pay solution which will be of mutual benefit for all Basware and Contempus customers.

For more information on the acquisition, go to:

http://www3.basware.com/NO/News_and_Events/stock_exchange_releases/Pages/News.aspx?newsUrl=http://cws.huginonline.com/B/131662/PR/200809/1255061.xml

News