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The latest update is out from PSI AG fuer Produkte und Systeme der Informationstechnologie ( (DE:PSAN) ).
PSI Software SE has entered into an Investment Agreement with Warburg Pincus to accelerate its growth through a strategic partnership. Warburg Pincus plans to launch a voluntary public takeover offer at EUR 45.00 per share, representing a significant premium over recent share prices. This partnership aims to bolster PSI’s position in the global energy and industrial software market, focusing on Software-as-a-Service and cloud-native solutions. The agreement includes maintaining PSI’s current management and headquarters, with no domination agreement for two years post-offer. E.ON, a major shareholder, will retain its stake and support the collaboration. The move is expected to enhance PSI’s market position and support its international expansion, particularly in the Americas, Europe, and Asia.
More about PSI AG fuer Produkte und Systeme der Informationstechnologie
PSI Software SE is a global provider specializing in energy and industrial software solutions aimed at optimizing complex systems and processes. Established in 1969, the company is recognized for its process control systems that enhance sustainable energy supply, production, and logistics. With over 2,300 employees, PSI offers innovative software products that can be deployed both on-premises and in the cloud.
For a thorough assessment of PSAN stock, go to TipRanks’ Stock Analysis page.