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History

Dr. Knut Löschke is the founder, principal shareholder and CEO of PC-WARE. Founded in the year of German reunification (1990), the company is now Leipzig's only stock exchange listed company and the second largest licenser of Microsoft software in Europe taking precedence over Dell, Siemens and HewlettPackard. Since being launched, the company has risen from three employees and revenue of 0.3 million euros in the first fiscal year, to a group that generates around 700 million euros in global revenue and employs 1,400 people.

PC-WARE has grown into one of Germany's largest companies on the basis of its core business of software licensing and software asset management. With the consistent development of special service skills, the penetration of additional complementary areas of business and full IT solutions packages, PC-WARE intends to push forward into the league of globally operating IT service providers and exceed the revenue threshold of 1 billion euros by 2009.

 

Overview of the Stages of Growth
   YearEvent

1990

Incorporation of PC-Ware GmbH (limited company)

1997

Revenue > € 100 million

1998

PC-Ware GmbH is converted into an AG (joint-stock company)

2000

IPO at Frankfurt Stock Exchange

2001

Start of internationalisation and expansion with acquisitions in the Netherlands, Great Britain, France, Italy and Austria

2002

Incorporation of Bison Systems AG Sursee/CH (shares: 70%) and acquisition of system vendor section of Bison Schweiz AG, Sempach/CH

2003

Admission to the Prime Standard of the Frankfurt Stock Exchange. PC-WARE sets up branch offices in South Africa, Belgium and Luxembourg

2004

The senas AG system house in Germany is taken over, as is Digi Trade s.r.o. in the Czech Republic. Further takeovers of local system houses follow in Germany.

2005

The € 500 million revenue threshold is cleared. The takeover of "Datacontact" strengthens business in Austria.

2006

The acquisition of the Ravenholm Computing Group has brought across-the-board coverage in Denmark, Norway, Sweden and Finland, a stronger position in Switzerland and the takeover of a subsidiary in the USA. Incorporation of PC-WARE S.R.L., Bucharest, Romania.

2007

Subsidiaries in the Russian federation and People's Republic of China founded.
Acquisition of "Comparex Central Europe and Iberia“ with subsidiaries in Austria, Spain, Slovakia, Slovenia, Hungary, Poland, Czech Republic and Romania.

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