Berlin, 13 September 2002 –PSI is continuing the tightening of the group structure which they initiated last year. In this connection the wholly-owned subsidiary PSI Infrastruktur Services GmbH is merging with Schindler Technik AG, in which PSI previously held a 28.5% interest. The merger of the network specialist Schindler with PSI Infrastruktur creates a new full-service provider with more than 100 employees and a complete range of products, ranging from EDP wiring to the set-up and managing of complete IT infrastructures. PSI holds a 37.2 % interest in the new Schindler Technik AG.
With the merger of the sales partner datentechnik GmbH, in which PSI previously held a 49 % share, with the development firm GSI GmbH (18 %), a new provider of production solutions for smaller companies is formed which combines the development know how of GSI with the sales competence of integral datentechnik. PSI will hold a 47 % interest in the new GSI GmbH. With the integration of PSIPENTA Automotive GmbH in PSIPENTA Software Systems GmbH, PSI will strengthen its orientation of the PSIPENTA product in the attractive a automotive market and simultaneously takes advantages of synergies in product development.
