Nexus AG/€NXU

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About Nexus AG

Nexus AG, founded in 1989 and headquartered in Donaueschingen, Germany, develops and distributes software solutions for the international healthcare market. Its product portfolio includes the clinical information system (NEXUS / HIS) and integrated diagnostic modules (NEXUS / DIS), addressing functional requirements of hospitals, psychiatric clinics, rehabilitation, and diagnostic centers. The company operates in seven European countries and supports customers in an additional 23 countries through certified dealers. As of December 31, 2023, Nexus AG employed approximately 1,930 individuals. In January 2025, the company was taken private following a tender offer by the investment firm TA Associates. (,,)

Ticker

€NXU
Sector

Primary listing

XETRA

Employees

1,930

Nexus AG Metrics

BasicAdvanced
€1.2B
35.79
€1.98
0.69
€0.23
0.32%

Bulls say / Bears say

The European Commission’s approval of €403 million in public funding for medical device innovation with digital and AI features is set to attract an additional €826 million in private investment, expanding the potential market for Nexus AG’s diagnostic modules.
Bain Capital, Hg, and TA Associates have shown interest in acquiring Italian software developer Namirial (valued at about €900 million), reflecting strong private equity confidence in European healthcare and software companies such as Nexus AG.
Global 'smart hospital' market forecasts point to growth reaching $148 billion by 2029, propelled by uptake of AI, IoT, and robotics—offering major expansion prospects for Nexus AG’s clinical information systems.
Private equity firms, including TA Associates, now have greater exposure to highly leveraged companies and private credit markets, making them susceptible to liquidity squeezes and heightened default risks as the economic climate toughens.
The significant upfront and ongoing costs associated with 'smart hospital' technologies could discourage hospitals from deploying Nexus AG’s solutions, since currently only a small proportion can afford this level of digital upgrade, despite potential long-term advantages.
Ongoing enforcement of the EU Digital Markets Act and Digital Services Act, as well as wider antitrust investigations, heightens regulatory uncertainty and may place new compliance requirements on Nexus AG’s international software operations.
Data summarised monthly by Lightyear AI. Last updated on 1 Sept 2025.
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Market data provided by CBOE Europe and Deutsche Börse.

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