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Subject: Saab buys Denmark´s Maersk Data Defence
TheArmchairCmd    5/29/2006 6:21:44 AM
The Swedes are coming! I had suspected something like this would happen as positioning in connection with the Gripen-DK proposal. target=_blank>Saab buys Denmark´s Maersk Data Defence [2006-05-29 11:00] With the acquisition of Maersk Data Defence, Saab is strengthening its position in the Nordic region and establishing itself in a further NATO country. The deal complements and reinforces Saab´s product portfolio in communication, command and control systems. The purchase price is an estimated MDKK 73. "We see this as part of our strategy to strengthen our Nordic profile and develop Saab into a Nordic defence company. We believe communication and command and control systems will be important both in military and civil applications, and Maersk Data Defence can play a vital role in this," says Kenth-Åke Jönsson, Executive Vice President of Saab. Henrik Ekmann, President of Maersk Data Defence, can see benefits in having access to Saab´s international network: "Maersk Data Defence is a healthy company that has doubled its activities in the past year, but that has the potential to develop even further internationally. This is an area where Saab is strong. It is also interesting that Saab is the company in Sweden that is driving establishment of network based defence - a process that´s also under way in Denmark." Maersk Data Defence has approximately 210 employees and sales of approximately MDKK 187. The contract is being signed on May 29 and is subject to the approval of the relevant authorities. For further information, please contact: Peter Larsson, Press Secretary, Saab, +46 (0)734 -18 00 18 Göran Wedholm, Investor Relations, +46 (0)734 -18 71 21 Henrik H. Ekmann, President, Maersk Data Defence, +45 3638 3000 Maersk Data Defence, which was established in 1982, is one of the leading Danish suppliers of customer-oriented solutions in the field of information and communication systems for the defence markets in Denmark as well as abroad. Recently the company has developed the solutions to also include measures to meet situations such as acts of terrorism, natural catastrophes and other public threatening accidents. Saab is one of the world´s leading high-technology companies, with its main operations focusing on defence, aviation and space. The Group covers a broad spectrum of competence and capability in systems integration.
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Thomas3    RE:Saab buys Denmark´s Maersk Data Defence    5/29/2006 4:51:51 PM
I had a very perifial impression of them - oh about 10 years ago - thye didn't strike me as the sharpest knives in armoury. Let the Swedes have them - its just a better way for a firm to bankrupt.
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