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ALDATA ACQUIRES DIGITAL MARKETING SPECIALIST TERRAVENTUM
Aldata has reached an agreement to acquire all the shares of Terraventum Oy a Finnish software company specializing in digital marketing solutions for the retail and hospitality markets.
Aldata and Terraventum are already established business partners in Finland with several existing joint customers. In these customer engagements Aldata supplies its Aldata Loyalty solution to provide customer data analysis, management of loyal customer systems and marketing campaigns. Terraventum's Contentum product compliments the Aldata Loyalty with communication solutions enabled by its digital marketing platform. The new combined Aldata Loyalty solution will be mainly provided as an SaaS (Software as a Service) application based on Microsoft platforms and latest Web based services.
"The combined Aldata and Terraventum solution is proven within our Finnish customer base and we will now have the opportunity to increase the sales of the joint solution to other markets via Aldata's international operations," said Bertrand Sciard, President and CEO of Aldata. "It makes sense to combine our forces and present a single supplier profile to Aldata's existing and future international customers that include some of the world's largest retail and hospitality companies."
Vesa Tikkanen, Managing Director of Terraventum explains: "We are very excited to join with our partners at Aldata to exploit the wider market for our combined Loyalty solution. We are now able to analyze customer behavior and buying patterns as well as preferred marketing channel in almost real time so retail marketers can create more effective campaigns and deliver them right into the customer's hands at the most relevant time to influence purchase."
Aldata in brief At Aldata 100% of our business is dedicated to retail and wholesale business improvement. We provide our customers with modern, flexible and integrated software solutions specifically designed to increase productivity, performance and profitability. With over 24,000 successful installations across 52 countries, from convenience store to hypermarket, 480+ live warehouses and customers with 5 to 5,000 outlets, we consistently deliver the goods for retail and wholesale business improvement. Aldata Solution is a public company quoted on OMX Nordic Exchange Helsinki Oy with the identifier ALD1V. More information at: www.aldata-solution.com.
Terraventum in brief Terraventum is a software company specializing in digital marketing solutions. The company is established in 2003. In co-operation with its customers, Terraventum develops solutions that help the customers to exploit the possibilities of digital media and different marketing channels in their business. More information: www.terraventum.com
Distribution: OMX Nordic Exchange Helsinki Oy Media
