The national technology company ATX Software announced an investment of one million euros in the opening of an office in the United States, which will start operating at the beginning of next September.
The new Las Vegas office aims to accelerate the company’s sales in that market and will serve as the base of operations for the new company (Release) created in partnership with a local organization.
In the American market, ATX Software will bet on the commercialization of Forms2Net ©, a product that «allows the automated migration of applications based on Oracle Forms technology to Microsoft technology», explains the company in a statement.
The investment plan of the joint venture created with the local company provides for progressive coverage of the entire American market.
In 2006 ATX Software had a turnover of five million euros. For this year the company expects a turnover of 6 million euros, 20 percent of which should be obtained in the international market.
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