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T-Systems Multimedia Solutions
Deutsche Telekom MMS GmbH (Telekom MMS; former ''T-Systems Multimedia Solutions GmbH'' (T-Systems MMS)) is a German IT service and IT consulting firm headquartered in Dresden. The company provides consulting and software development services to medium and large organizations and has offices in Berlin, Bonn, Dresden, Hamburg, Stuttgart, Munich, Leipzig and Jena. In 2017, T-Systems MMS had 1900 employees and revenue of 173 Million EUR. Telekom MMS is a wholly owned subsidiary of Deutsche Telekom Concern (business), Concern. History The organization was founded in 1995 under the name “Multimedia Software GmbH Dresden” as a wholly owned subsidiary of Deutsche Telekom. The purpose of the company was to develop software solutions for interactive television. Starting with CD-ROMs and interactive kiosks, the company later developed Internet and e-commerce solutions. Today, T-Systems MMS provides software solutions for clients from different sectors such as digital commerce, webs ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Subsidiary
A subsidiary, subsidiary company, or daughter company is a company (law), company completely or partially owned or controlled by another company, called the parent company or holding company, which has legal and financial control over the subsidiary company. Unlike regional branches or divisions, subsidiaries are considered to be distinct entities from their parent companies; they are required to follow the laws of where they are incorporated, and they maintain their own executive leadership. Two or more subsidiaries primarily controlled by same entity/group are considered to be sister companies of each other. Subsidiaries are a common feature of modern business, and most multinational corporations organize their operations via the creation and purchase of subsidiary companies. Examples of holding companies are Berkshire Hathaway, Jefferies Financial Group, The Walt Disney Company, Warner Bros. Discovery, and Citigroup, which have subsidiaries involved in many different Industry (e ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |