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Follow on Google News | Tectura Announces Divestiture of SubsidiaryTectura Corporation divests majority interest in Tectura GmbH, Berlin
By: Tectura Corporation In connection with the stock transfer, the companies have entered into a partner agreement that will allow the companies to share certain technologies owned by each other and to collaborate on certain client engagements in the future to bring maximum value to their respective clients. Tectura Berlin and Tectura Dresden expect to change the names of the entities not later than the end of May 2011. “Tectura Berlin and Tectura Dresden have performed well in their respective markets since becoming part of Tectura in 2004. We thank Mr. Bergmann and the employees of Tectura Berlin and Tectura Dresden for their contributions to Tectura over the past several years. We wish them well as they establish themselves as standalone businesses,” About Tectura Corporation Tectura is a worldwide provider of business consulting services providing sustainable value through consulting, software and IT implementation. Our clientele include mid-sized companies and larger enterprises throughout the Americas, EMEA, and Asia Pacific. With team members in 20+ countries, Tectura applies its comprehensive industry knowledge and unparalleled experience in collaboration with our clients to deliver business and technology strategies and solutions designed to achieve their business performance goals. Learn more at www.tectura.com. For additional information: Special Note Regarding Forward-Looking Statements This press release contains "forward-looking statements" relating to, without limitation, future economic performance, plans, and objectives of Tectura Corporation for future operations and projections of revenue and other financial items that are based on the beliefs of, assumptions made by, and information currently available to Tectura Corporation. The words "expect," "estimate," "anticipate," # # # Tectura is a worldwide provider of business consulting services delivering exceptional service and sustainable value through consulting, software and IT implementation. TECTURA | Your business. Our Insight. End
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