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MicroLink focuses on providing fixed IT services |
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Thursday, 04 June 2009 07:11 |
MicroLink, the largest information technology company in Estonia sells the business category of economic software and software development to Helmes.
MicroLink focuses on daily activities of keeping the IT systems of its clients in working order; these activities already make up more than 50 percent of the company’s turnover. „Fixed IT services are a field where we have become the largest company in Estonia and in near future we want to grow outside Estonia with this field as well,“ explained Enn Saar, Chairman of the Board of MicroLink.
In relation with focussing on fixed IT services, the company decided to find a new owner for the business category of economic software and software development. „Unfortunately, it is not possible to develop equally fast and profitably in all fields of activities and this is why we chose Helmes as a trustworthy partner who will continue to provide a high-quality service,“ told Enn Saar.
MicroLink’s business category of economic software (Dynamics AX and SAP) will continue its activities as a 100% subsidiary of Helmes; the business category of software development will be merged with Helmes as well. As a total, ca. 40 software experts and consultants will be joining Helmes. According to the agreement between the parties, they will not disclose the amount of the purchase-sale transaction.
MicroLink will continue to provide the services of information management, IT systems housing and maintenance services to corporate customers; at the same time, training courses will be conducted for computer users and top-level specialists, and consultation services (ITIL, ISKE, etc.) will be provided.
According to Jaan Pillesaar, Chairman of the Council of Helmes, the customers and employees of both companies will gain from this transaction, and there are indirect gains for Estonia as well in the form of increase of export. „The gain of the customers in Estonia from this transaction is a smoother and more comprehensive service. Higher number of experts allows for faster reaction times and more flexible picking of project teams according to the skills required by the customer. Helmes will add a long-term experience of serving international companies,“ said Pillesaar.
Together with Elion and EMT, MicroLink belongs into Eesti Telekom, the largest Estonian group of telecommunication and IT enterprises. MicroLink is a leading IT enterprise in Estonia, with key skills in developing integral solutions of information technology. EMT is the Estonian technology leader of mobile communications, with the best service coverage and acknowledged product development and services. Elion as an enterprise creating integrated home and business communication packages has become the favoured provider of voice communications, broadband Internet connectivity and digital television in Estonia.
The major holder of Eesti Telekom, with a share of 60.12 percent, is TeliaSonera, a leading telecommunication enterprise in the Nordic countries and the Baltic States in both mobile and landline communications. TeliaSonera has 135 million customers and is active in 20 countries among the Nordic countries, the Baltic States, Eastern Europe and Central Asia.
Helmes is one of the leading developers of business-critical software in Estonia. The software created in Helmes is used by more than 30 million users in 30 countries. The international companies of www.nowinnovations.com and www.MarkIT.eu began their activities as subsidiaries of Helmes. The annual turnover of Helmes for year 2008 was 212 million EEK and its net profit was 19.5 million EEK |
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