CENIT AG engages in the development of software systems and solutions. It operates through the following segments: Enterprise Information Management, and Product Lifecycle Management. The Enterprise Information Management segment focuses on the customer segment of trade and commerce, banks, insurance firms and utilities; collaboration management such as groupware, portal solutions, and identity management; systems management; java enterprise solutions; and consultation on document management and business intelligence. The Product Lifecycle Management segment produces software for customers who are in the automotive, aerospace, mechanical engineering and shipping industries. The company was founded by Falk Engelmann, Norbert Fink, Hubertus Manthey, RÃ¼diger Passehl, and Andreas Schmidt on April 1, 1988 and is headquartered in Stuttgart, Germany.