Blue Fox fails to find partner

Software group Blue Fox has failed to find a strategic partner and now plans to sell off certain activities, the company said at the presentation of its full-year earnings on Monday.

Without a partner, the company expects to post an operating loss this year.
The company booked net profit of €4.6m last year, largely due to divestments. In 2006 it booked a loss of €7m. Turnover fell slightly to €26.2m.

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