IT Integrator Settles Debt with Subsidiary. (30-SEP-03) Europe Intelligence Wire

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IT Integrator Settles Debt with Subsidiary.

Publication: Europe Intelligence Wire

Publication Date: 30-SEP-03

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(From Polish News Bulletin)

Softbank, an IT integrator, signed an agreement with Saba, a subsidiary IT integrator, concerning the termination of a software license agreement worth ZL17m. In this manner, Saba's debts to Softbank decreased to ZL1.1m. The agreement, signed in 2001, gave Saba distribution rights for the ABR...

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