Aldata Solution OyjVantaa, Finland

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Aldata Company Description

Aldata Solutions handles the details of retail. The company supplies stores ranging from specialty shops to large chains with supply-chain management, point-of-sale, and smart card systems software. Its flagship Megadisc system is designed for specialized retailers such as hardware and book and music shops, but Aldata also offers products to stores selling everything from groceries and drugs to electronics, home furnishings, and appliances. The group has more than 300 customers in 50 countries, including about a dozen of the 30 retailers in the world. Enterprise software and technology investor Symphony Technology Group, which made an unsuccessful bid for the company in 2007, owns 29% of the company.

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The Company Description provides a historical perspective of Aldata's organization from inception to current status.

Produced by Hoover's in-house editorial team, the Company Description tracks ownership transitions, company progress via mergers and acquisitions, major growth milestones, and strategic initiatives, to provide a holistic view of Aldata's evolution in the marketplace.

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