Cubeware under new ownership

Primrose Investments GmbH acquires Cubeware GmbH

ROSENHEIM, 9 May 2016 - Cubeware GmbH has been under new ownership since February 2016. Cubeware GmbH has been acquired by Primrose Investments GmbH, who thereby succeeds the previous owner Systat Software GmbH (Cranes Group). Ms. Shefa Malik who resides in UK is the CEO of Primrose Investments GmbH. Primrose belongs to Sheriff  & Family, of India Builders Corporation (IBC), a distinguished international builders in India with 3 generations of real estate experience along with many other businesses like Plantations, Hotels and Hospitality, Medical Facilities, Educational Institutes & Corporate Social Responsibilities.

Cubeware’s Managing Director is Suresh Saligram. In addition to the existing customers, Ralf Pichl has taken the responsibility for Sales, Alliances and Marketing with his Sales team Peter Schmei (Direct Business) and Ralph Buchholz (Partner Business), with Professional Services & Support continuing to be managed by Klaus Leithner and Product Development by Sebastian Hulok. CFO is Deepak Kaushik, with Mehraj Lanker responsible for America, the Middle East and Asia, and Syed Abdul Mujeeb being responsible for Development in Bangalore. Cubeware’s new CTO is Tarun Anand, who worked at Microsoft from 1995 to 2004, where he was recognised with Microsoft’s “Worldwide Software Architect of the Year” in 2003.

“With today’s investment in product development at Cubeware we are laying the foundations for new products and future company growth,” commented Chairman Yunus Zia who has taken the responsibility and complete involvement in the overall operations and growth, during the annual Partner Day on 26th April 2016. “For this reason, our development teams in India and Germany will now be working together closely to ensure the launch of the next generation product as soon as possible.”