March 3, 2015

Solitea enter the Austrian Market, buying a 100% share of information systems producer JET ERP Betriebsgesellschaft mbH

Brno, March 3rd, 2015 – Solitea Holding, which is among the leading suppliers of information and human resource management systems for both the commercial sector and public administration in the Czech and Slovak markets, has today announced the acquisition of a 100% share in JET ERP Betriebsgesellschaft mbH. Solitea has previously exclusively operated in the Czech Republic and Slovak Republic, and by taking this step it will further extend its activities to German speaking markets.

JET ERP Betriebsgesellschaft, which is also known under its original name Data Systems Austria, is an Austrian IT company with a very long history. It was founded in 1946, and from 1971 was part of the Philips Group, from which it separated in 1990. It is a successful provider of services in the area of information systems for the segment of industrial production and trade, and focuses on small and medium-sized companies in the German speaking market. Its customers include KTM, PayLife, Alufix and Rupp Käse.

“For Solitea, the acquisition of JET ERP Betriebsgesellschaft is a great opportunity to expand its activities to German speaking countries,” says Martin Cígler, Chairman of the Board of Solitea. “JET ERP is a traditional Austrian company, well-respected and very well-known within the market, and at the same time has an excellent team of employees with tremendous know-how in their field. This is a great opportunity for us to quickly penetrate into the German speaking markets with products that JET  ERP does not currently offer, such as iDoklad cloud invoicing services, but also to transfer JET ERP solutions to the Czech Republic and Slovakia.”

Walter Lichtenberger, Head of Development at JET ERP Betriebsgesellschaft mbH, also views the acquisition in a very positive way. “Solitea Holding is a leading provider of solutions in the area of information systems (ERP) and human resources management systems (HR). Their software solutions are regarded very highly locally, and we are therefore convinced that our mutual cooperation and synergies will help us with the further success of our Jet Software products. Thus, our customers will, in addition to benefitting from the continuity of services and the high level of the long-term personal customer care, be able to utilise the vast experience of Solitea Holding in the development of the latest technologies and robust applications in the cloud.”

Jet Software is an innovative and long established custom business solution “Made in Austria”. The principal products are Jet Orbit ERP, a comprehensive solution deployed in industrial and manufacturing companies in the area of project preparation, piece and mass production, and Jet BI, which is an advanced system within the Business Intelligence category. Another product is Jet REWE, a modular system encompassing financial accounting, controlling, purchase, transport, planning and warehouse management. The Jet DMS system is then used for controlled document management.

On Solitea, a.s. Holding

Since its establishment, Solitea, a.s. Holding has belonged among the biggest entities in the Czech and Slovak ICT markets. Solitea employs more than 400 people in the Czech Republic, Slovak Republic and Austria, and has consolidated revenues exceeding Euro 22 million. The project leaders are Martin Cígler, founder of Cígler Software, Martin Fedor, partner of J&T Group, and Michal Máčel and Jan Tomíšek, the original shareholders of Vema. The holding unites selected companies within the sector and region.

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