Mountain Alliance AG
Mountain Alliance AG successfully completes partial secondary sale of shares in Exasol AG – Exasol IPO announced for 2020
DGAP-News: Mountain Alliance AG
/ Key word(s): Miscellaneous/IPO
Mountain Alliance AG successfully completes partial secondary sale of shares in Exasol AG – Exasol IPO announced for 2020 Exasol is the developer of the world’s fastest analytical in-memory analytics database. The database, which is used in applications such as Artificial Intelligence (AI), Big Data and High-Speed Analytics, is receiving high demand due to its extremely fast and efficient data analysis capabilities – both on-premises and cloud-based as Software as a Service (SaaS). The company, which is perfectly positioned in the rapidly growing markets of Business Intelligence, Data Analytics, Big Data and Data Science (Machine Learning/Artificial Intelligence), will continue its growth course in the 2019 financial year. “We’re happy about the partial exit in several ways. On the one hand, we were able to generate significant returns. On the other hand, this success impressively underscores our strategic approach of participating in dynamically growing companies with a digital business model and developing them to add value. Exasol has excellent prospects to establish itself sustainably in the market environment of increasing digitalization. We want to continue to accompany our portfolio company on this path and remain invested,” says Daniel Wild, CEO of Mountain Alliance AG. CROSS ALLIANCE communication GmbH
25.11.2019 Dissemination of a Corporate News, transmitted by DGAP – a service of EQS Group AG. |
Language: | English |
Company: | Mountain Alliance AG |
Bavariaring 17 | |
80336 München | |
Germany | |
Phone: | +49 89 231 41 41 00 |
Fax: | +49 89 231 41 41 11 |
E-mail: | wonneberger@mountain-alliance.de |
Internet: | www.mountain-alliance.de |
ISIN: | DE000A12UK08 |
WKN: | A12UK0 |
Listed: | Regulated Unofficial Market in Berlin, Dusseldorf, Frankfurt (Basic Board), Munich (m:access), Stuttgart, Tradegate Exchange |
EQS News ID: | 921035 |
End of News | DGAP News Service |