Software maker Datalab to be taken over by group of international investors
Ljubljana, 7 July - Ljubljana-based Datalab Tehnologije, which develops ICT solutions for businesses, announced on Friday that a group of international investors led by seasoned Slovenian IT manager Simon Kaluža has published the intention to acquire an outright stake in the company.
Ljubljana
Datalab founder and CEO Andrej Mertelj.
Photo: Datalab Tehnologije
File photo
Ljubljana
Slovenian IT manager Simon Kaluža.
Photo: Matjaž Martinčič
File photo
The purchase of all of Datalab's shares on the Ljubljana Stock Exchange is planned through Luxembourg-based Rucio Investment, represented by Kenneth Flanagan in Sebastien Denis.
Datalab Tehnologije said the takeover is being conducted by a group of international investors which is led by Kaluža and which will join forces with Datalab founder and CEO Andrej Mertelj, along with Datalab's present management and employees, who are also shareholders.
Kaluža, whose 30 years of experience in the sector have included leading roles with former Ljubljana IT company Hermes Softlab and German ICT giant SAP, is expected to be appointed as a new member of Datalab's management board.
"We strongly believe in the sustainable growth and potential of Datalab. We will join forces with Andrej Mertelj, who has incredible industry knowledge and visionary leadership," Kaluža said.
Datalab, a company with 25 years of experience, is best known for its enterprise resource planning system Pantheon, which it lauds as the leading product of this kind in the region.