Danish IT firm in partnership deal with Microsoft  

2003.03.17
North Jutland based IT company Targit enters international partnership agreement with Microsoft Business Solutions

The North Jutland based IT company Targit has entered an international partnership agreement with Microsoft Business Solutions. The news was announced at CeBIT, the world’s largest IT and telecommunications trade fair in Hanover which is currently ongoing. Targit will supply software for analytical processing of large amounts of data while the product itself will be sold under Microsoft’s own brand, Business Analytics for Microsoft Business Solutions-Axapta and for Microsoft Business Solutions-Navision.

 

Targit’s Senior Vice President for Sales and Marketing Hans-Christian Brahe Møller says that the agreement will mean a tripling of the company’s turnover to around DKK 50 million (USD 7.3 million). Since it is a sales commission which is not connected with costs for Targit, the earnings will go directly onto the bottom line. Targit was founded in 1986; in addition to its HQ in Northern Jutland, the company has sales offices in USA and Germany. The news is reported by computerworld.dk.

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