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With recognized expertise in Customer Performance Management and Risk Management, DSS also offers Customer Relationship Management services. As the leading SAS partner in Russia, the DSS acquisition will reinforce Business & Decision's existing SAS partnership throughout Europe.
The acquisition of DSS has been realized in cash, with an earn-out based on profitability and turnover performance.
"This latest acquisition extends Business & Decision's presence to Eastern Europe. DSS offers a wide range of services in the Business Intelligence field, and furthermore, will enable Business & Decision to strengthen its partnership with SAS. Today, the Russian market is expanding and Eastern Europe has a high growth potential," comments Patrick Bensabat, Business & Decision CEO.
With a workforce of 45, DSS has reported a turnover of $1.1 million (€807 805) in 2006 and has a target of $2.4 million in 2008 (€1.8 million). The company's major clients operate within the telecommunications and banking sectors.
DSS was founded in 2000 by Pavel Pakhomov. As a graduate of Moscow University (MIREA), majoring in Automated Management Systems, Pavel has worked for several companies as a systems expert, notably for SAS. Today, Pavel Pakhomov has 15 years of experience in the IT sector.
Ada Sekirin, Business & Decision Benelux Director, who has overseen the acquisition, adds: « Eastern Europe is experiencing an outstanding growth. Today there are many opportunities in Business Intelligence and Customer Relationship Management, namely in the telecommunications and banking sectors. »
About Business & Decision - www.businessdecision.com
Founded in 1992, Business & Decision is an International consulting and Systems Integration company specializing in Business Intelligence, Customer Relationship Management (CRM) and E-Business. The Group works with clients to implement systems that aim at driving business functions and performance (dashboards, reporting, consolidation etc.); help in customer relationship management (sales force automation, call centers, campaign management, analytical CRM); and assist in E-Business (intranet and extranet portals, directories and Meta directories, e-commerce, knowledge management, Open source technologies, etc.). With more than 2,800 employees worldwide, Business & Decision has developed a "complete project" approach that spans from consulting to implementation. The Group has a reputation for its functional and technological expertise and has forged partnerships with all of the key technology vendors. At present, Business & Decision has more than 1,200 clients.
Business & Decision has been listed on the Euronext Paris since February 2001 (compartment B / Isin code: FR 00000 7895 8 / Symbol: BND). Business & Decision is listed in the NextEconomy segment and in the IT-Cac (technology market). For more information, visit: http://www.businessdecision.com/
Press Contact at Business & Decision
Investor relations
Pauline Cieutat - pauline.cieutat@businessdecision.com
Tel: +33 1 56 21 21 20
Fax: +33 1 56 21 21 22
Pauline Cieutat :
Communication manager
Investor Relations
Tel: +33 1 56 21 21 20
Fax: +33 1 56 21 21 22