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Corum Leads Sale of Logos to Ness Technologies

Corum is pleased to announce the acquisition of its client, Logos a.s., a Czech-based leading IT services and consulting company, by Ness Technologies. Logos strong presence in the financial and telecom industries will complement Ness position in the utilities, manufacturing and public sectors.   

Corum acted as the exclusive M&A advisor to the Logos shareholders. Frank Berger, regional director of Corum, led the transaction and ran the trade sale process from preparation on through the auction and supported Logos in all aspects of the process up to signing of their SPA. This transaction underscores our commitment to the CEE region and certainly confirms the benefits of running a global process through Corum, said Miro Parizek, Corums managing director.  

By combining offerings, the merged Ness Czech will be able to provide its clients with an even broader range of services within the Czech IT services market itself as well as across the Central and Eastern European IT services market.

>> read complete press release
Posted by , on 20 November 2008
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