Maxim Gapchenko chooses reseller for Central Europe
Maxim Gapchenko, the Russian developer of intelligent photo processing software, has selected dadagoo GmbH of Troisdorf, Germany as its exclusive reseller for all sales channels in Central Europe. According to a press release, the focus of this partnership is the sale and promotion of Maxim Gapchenko’s current and future products in the Retail and Online [...]
New Managing Director at fotocommunity
Dr. Axel Flasbarth was appointed managing director and head of operations of fotocommunity GmbH, the operator of the European online community for enthusiast photographers. The 38-year old Manager brings profound Internet experience to fotocommunity. After starting his career at the consulting company McKinsey & Company, he was most recently head of eBay Motors, in charge [...]
Nokia announces second quarter results
Nokia of Espoo, Finland, announced second-quarter 2010 results. Compared with the same period last year, sales increased 1 percent to Euro 10.0 billion (US-$ 12.87 billion); operating profit decreased 31 percent to Euro 295 million (US-$ 379.8 million), with earnings before taxes of Euro 221 million (US-$ 284.5 million) and a net profit of Euro [...]
Nokia Siemens Networks to acquire Motorola wireless network infrastructure
Nokia Siemens Networks, Espoo, Finland, will acquire the majority of the wireless network infrastructure assets of Motorola, Schaumburg, Ill., for US$1.2 billion in cash. The companies expect to complete closing activities by the end of 2010, subject to customary closing conditions including regulatory approvals. As part of the transaction, Nokia Siemens Networks expects to gain [...]
New president at Xerox Europe
Jacques Guers was appointed president of Xerox Europe, effective immediately. In this function, which includes responsibility for the company’s sales and marketing in 17 West European countries, he succeeds Armando Zagalo de Lima, who has taken over as President of Xerox Global Customer Operations. Guers, born in 1955, joined Xerox in 1980 and has worked [...]
Change in Leica’s Supervisory Board
Dr. Andreas Kaufmann has taken over as Chairman of the Supervisory Board of Leica Camera AG, Solms, Germany. The 56-year old manager succeeds Franz Jung, who resigned from his post March 31, 2010 due to personal reasons. Kaufmann is Managing Director of Socrates Holding GmbH and of Leica’s majority shareholder (97.48 percent), ACM Projektentwicklung GmbH, [...]
Nokia divests MetaCarta
Nokia, Espoo, Finland, divested MetaCarta Inc. to Qbase Holdings LLC, a privately held, U.S. based company. Nokia will retain MetaCarta’s geographic intelligence technology, which it is incorporating in its local search and other services. MetaCarta serves primarily government as well as oil and gas customers. It was acquired by Nokia in April 2010.
Photo-Me announces significantly improved results
Photo-Me International plc (PMI), Bookham, England, the U.K., has announced significantly improved results for the fiscal year that ended April 30, 2010. Compared with the previous year, total sales increased 5.7 percent to £ 222.5 million (US-$ 336.9 million); operating profit before exceptional items reached £ 10.5 million (US-$ 15.9 million) compared with a loss [...]
Leica announces turnaround with record sales
Leica Camera AG, Solms, Germany announced a result “above expectations” for fiscal 2009/2010, which ended March 31, 2010. The company recorded sales of Euro 158.2 million (US-$ 194.7 million), a plus of Euro 24 million (US-$ 29.5 million) or 18 percent compared with the previous year. Earnings from operations reached Euro 7.4 million (US-$ 9.1 [...]
Schneider Kreuznach satisfied with 2009 results
The German specialist in high-performance optics and precision mechanics, Schneider Kreuznach, has announced sales of Euro 77.5 million (US-$ 95. 3 million) for 2009, down 8.2 percent compared with the previous year. According to a press release, the decline is mainly due to the previously planned divestment of commercial trading with digital cameras under the [...]
