Release date: 8 May 2013
Promoter – Financial Intermediary
SOFTWARE AGLocation
Description
The project concerns the research, development and innovation (RDI) activities of Software AG in relation to different products supporting the IT infrastructure of companies such as databases, programming languages as well as tools for software integration services and business process optimisation. The project will be carried out during 2013 to 2015, mainly in Germany.
Objectives
The key focus will be to provide new functionalities related to social / mobile / cloud computing aspects and the management of big data volumes.
Sector(s)
Proposed EIB finance (Approximate amount)
EUR 100 million
Total cost (Approximate amount)
EUR 210 million
Environmental aspects
The investments will concern RDI activities most likely within existing facilities. Therefore, it is unlikely that the project will fall under Annex I and II of Directive 2011/92/EC. Nevertheless the environmental details including environmental objectives of the RDI program and if needed, the CO2 footprint as well as the possible impacts on protected flora and fauna (Habitats 92/43/EEC and Birds 79/409/EEC Directives) will be assessed during the appraisal.
Procurement
Procurement is expected to be in line with EIB guidelines for private sector projects. The Bank’s services will verify details during the project’s due diligence.
Status
Signed - 19/08/2013
Disclaimer
Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. The information and data provided on this page are therefore indicative.
They are provided for transparency purposes only and cannot be considered to represent official EIB policy (see also the Explanatory notes).