AIM Software has acquired Switzerland-based ABI Informatic, in what it called the latest round of consolidation in the enterprise data management industry.
ABI Informatic is the producer of AGIO, a software package for managing financial data that has been implemented in over 25 financial institutions in Europe. AIM says that the acquisition and resulting combination of resources will enable it to continue with innovative policies in data management.
“The data management industry is moving towards a heterogeneous mix of light-weight business services, hosted solutions and on-site enterprise data management initiatives,” said Josef Sommeregger, AIM’s global head of sales. “ABI Informatic’s active server pages [ASP] services very well complement our offerings in this area and enlarge the list of solutions that our customers can now choose from.”
CETA requires the support of all 28 EU nations before it can be approved.
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The country is expected to survive the review, which it must do to retain its place in the European Central Bank’s asset purchase programme.