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  September 5, 2001
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Home > Company Index > Computer Software & Services > Internet & Intranet Software & Services > Infomatec Integrated Information Systems AG

Infomatec Integrated Information Systems AG
 PROFILE
Infomatec Integrated Information Systems has gotten itself into a sticky situation. The company licenses its JNT Linux-based operating system for Internet devices such as thin clients and set-top boxes. It also offers its own Internet access devices, but intends to focus on set-top boxes since restructuring and selling some of its operations. The company's founders and co-chief executives stepped down after a stock manipulation investigation revealed false press releases and product announcements; the company presented another company's hardware at a shareholder meeting with Infomatec stickers placed over the logos. After a major order was cancelled, the company filed for bankruptcy in 2001.

 COMPETITION
Liberate Technologies (LBRT)
Microsoft Corporation (MSFT)
Red Hat, Inc. (RHAT)

 DEALS
Deal: Informatec Takes Stake in Boca Research
Date Announced: 04.29.99
Value of transaction (US $Mil): 8
Description: E-commerce software company takes 19.9 percent stake in hardware and software maker

 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 20.60
1-Yr. Sales Growth: (59.5)%
Employees: 570
Revenue per employee: $36,140.35

 KEY PEOPLE
• Helmut Schiner
    CEO
• Karl Gruns
    CFO

 CONTACT INFO
Zeigeleistrasse 22
86368 Gersthofen, Germany
Phone: 49-821 7491-0
Fax: 49-821 7491-181
Online: Web Site

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