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DaimlerChrysler
August 13, 2003
DaimlerChrysler acquires corporate license for Invest for Excel
DaimlerChrysler acquired a global license for Invest for Excel, investment calculation software developed by Datapartner. The software will be used mainly for calculating the profitability of machine investments at the production plants of the group.
Further tailoring of the software to the requirements of DaimlerChrysler is currently in progress. The software will be introduced into use in Germany in October 2003, with the aim of later introductions e.g. in the USA and Japan. The application will have nearly 300 users at the German production plants alone. The acquisition decision was preceded by an extensive testing period. Invest for Excel outperformed several other competitive products. Invest for Excel software is widely used internationally especially in the forest and metal industries and in energy companies.
DaimlerChrysler AG of Stuttgart, Germany is one of the leading automobile manufacturers in the world. DaimlerChryslers’ passenger car brands include Maybach, Mercedes-Benz, Chrysler, Jeep®, Dodge and Smart. The turnover of DaimlerChrysler in 2002 was EUR 149.6 billion and the group employed 365,600 persons.