T-Systems opts against sale of Austrian banking solutions unit, after review


Deutsche Telekom’s enterprise business steps back from plan to sell Vienna-based financial tech unit Software Daten Service, part of T-Systems for two decades.

This article includes:

  • Organisations: Deutsche Telekom; Raiffeisen; Software Daten Service (SDS); T-Systems; Telekom Deutschland.
  • Geographic: Austria; Czechia; Europe; Italy; Malaysia; Poland; South Africa.
  • People: Ferri Abolhassan; Adel Al-Saleh; Dr. Christine Knackfuss-Nikolic.
  • Themes: Automotive industry; Compliance; Digital transformation; Finance; Healthcare; IT; Manufacturing; Mergers and acquisitions (M&A); Public sector; Regulatory reporting; Retail; Securities transactions; Tax; Transportation.

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