ISH acquires Paradigm Business Solutions
ISH, Inc. acquired Paradigm Business Solutions, a provider of strategic consulting services and one of the nation's leading providers of Lawson Software application and technical solutions. The acquisition will significantly enhance ISH's capabilities as a "Certified" Lawson Software professional services provider while bringing the complete menu of ISH's clinical consulting services to Paradigm's healthcare clients at a time of continued need in the healthcare industry.
Announcement Date: September 25, 2007
Deal Value: Undisclosed
Deloitte Consulting LLP to acquire Xcelicor
Deloitte Consulting is acquiring the assets of Xcelicor, Inc., one of the leading North American Oracle Human Capital Management systems (HCM) consultancies. The addition of Xcelicor's team of more than 80 professionals establishes Deloitte Consulting as a leading provider of Oracle human capital technology-related consulting services to the market. Xcelicor, a designated Oracle Corporation as a Preferred Worldwide Strategic Partner, has a large and impressive client base that spans a multitude of industries, sizes, and locations. It has 98 employees that will join Deloitte Consulting's Human Resource Transformation service line. This transaction advances Deloittes total HR consultancy capabilities and further cements its position in the marketplace as we get ready for the post-Fusion market.
Announcement Date: September 24, 2007
Deal Value: Undisclosed
Perficient acquires BoldTech Systems, Inc.
Perficient, Inc., an information technology consulting firm serving Global 2000 and other large enterprise customers throughout North America has acquired BoldTech Systems, Inc., an approximately $20 million annual revenue IT consulting firm with a CMMI (Level 4) certified global development center in China. The transaction is expected to increase Perficient's annualized revenues to approximately $240 million with about 1,400 consulting, technology, sales and support professionals in 18 offices in North America and two offshore development centers. This acquisition strengthens Perfcients western United States footprint and, with the China facility, adds a global delivery capability that enhances its growth potential and competitiveness.
Announcement Date: September 21, 2007
Deal Value: $20.8 million (1/2 Cash/Stock)
Seller Revenue: $20 million (estimate)
Fujitsu acquires OKERE
Fujitsu Consulting, the North America consulting and services arm of Fujitsu Limited, has acquired OKERE, a privately held consulting and IT services company. OKERE serves some of the largest global enterprises providing strategic planning, design and implementation services in the deployment of CRM and business critical custom solutions based on the SaaS model. The acquisition will form the basis of a new business unit within Fujitsu Consulting that will focus on providing a broad range of SaaS-based consulting, implementation and management services. The acquisition underscores that SaaS is gaining acceptance as a delivery method for business critical applications.
Announcement Date: September 17, 2007
Deal Value: Undisclosed
Software Paradigms International acquires COMAT Technologies
Atlanta-headquartered Software Paradigms International (SPI), a global IT outsourcing and BPO solution provider, has acquired India-based COMAT Technologies. The acquisition is expected to further accelerate the Georgia-based corporations reputation as one of the fastest-growing providers of outsourced IT and BPO consulting services in the world, realizing close to 100% year-over-year growth for five consecutive years. This transaction allows SPI to further expand its service lines and provides diversification opportunities for organization in the U.S. and into Europe.
Announcement Date: September 17, 2007
Deal Value: Undisclosed
Armada acquires Soyuzinform
Armada Group of Companies acquired a controlling stake in Soyuzinform, provider of IT-outsourcing. The sum of$12.3 million was spent to acquire the 55% stake with an optional agreement with Soyuizinform for the remaining shares. Soyuzinform is the first asset Armada has invested its money raised through IPO held in July, 2007. Armadas strategy is to consolidate highly marginal businesses in the rapidly developing segments of the Russian IT-market as well as expanding its presence in those segments of the international market which require similar expertise.
Announcement Date: September 13, 2007
Deal Value: $12.3 million (Cash for 55%)
Aricent to acquire DataLinx
Aricent, a full-service, full-spectrum communications software company, is acquiring DataLinx, a provider of consulting, system integration and software development. DataLinx adds a highly experienced team of 400 consultants and developers based in the U.S. to the Aricent organization. The DataLinx transaction is further evidence of Aricents global expansion strategy to establish locations close to clients and relentlessly pursue the leading communications industry talent in the world. Combined, Aricent and DataLinx will deliver full lifecycle solutions to wireless, wireline, cable and satellite service providers. In addition, the two companies will offer a combined line of service provider products that includes applications for network capacity planning, subscriber management, billing mediation, service activation, customer relationship management and workforce management.
Announcement Date: September 13, 2007
Deal Value: Undisclosed
NaviSite to acquire netASPx
NaviSite, Inc., a provider of applications management and managed hosting solutions, is acquiring privately owned applications management service provider netASPx. netASPx is a provider of applications management services with a focus on Lawson ERP and Kronos Workforce Management and Business Intelligence Applications. In addition, netASPx maintains the infrastructure necessary to support these applications within its 18,000 square foot data center in Minneapolis. The acquisition brings Lawson and Kronos solutions to NaviSite and broadens its existing portfolio of applications management expertise, which already includes the Oracle product family (Oracle E-Business, PeopleSoft, Siebel, JD Edwards and Fusion), Microsoft Dynamics, and Exchange.
Announcement Date: September 12, 2007
Deal Value: $40.5 million ($15.5 million in cash and $25.0 million in convertible preferred stock)
Ness Technologies acquires Selesta
Ness Technologies, Inc., a global provider of information technology (IT) services and solutions acquired Selesta S.p.A., a privately held IT software distribution and systems integration company based in Italy. Selesta distributes software products developed by global independent software vendors (ISVs) to customers in Italy in the private and public sectors. The company has 130 employees in Italy. Selesta became part of NessPRO, Ness Technologies' product distribution business, currently operating in Israel, Spain, Portugal, Singapore and Thailand. The acquisition of Selesta reflects Ness Technologies' strategy to expand the global activity of NessPRO, positioning it as a global distribution channel for best-of-breed enterprise software products.
Announcement Date: September 5, 2007
Deal Value: $12.4 million (Cash plus potential of $12 million in earnout of two years)
TeliaSonera to acquire DataInfo
TeliaSonera AB (Sweden) increases its holding in DataInfo Oy (Finland) to 100 percent from 43.7 percent. TeliaSonera is the leading telecommunications company in the Nordic and Baltic region, with strong positions within mobile communications in Eurasia, Turkey and Russia. DataInfo Oy specializes in the implementation of information, communication and office solutions, and its main target group consists of small and medium-size enterprises and public corporations. DataInfo allows TeliaSonera to offer small and medium-size enterprise customers in Finland new ways to purchase the IT and communications solutions they need as ready-made service entities. TeliaSonera is focusing more strongly on small and medium-size enterprise customers. DataInfo allows TeliaSonera to offer them new ways to purchase IT and communications solutions as easy-to-use service entities.
Announcement Date: September 5, 2007
Deal Value: Undisclosed
EquaTerra acquires Morgan Chambers
EquaTerra has acquired Morgan Chambers, creating a market-leading independent-sourcing advisory firm. As EquaTerra and Morgan Chambers are two of the worlds top-ranking Full Service Outsourcing and Offshoring Advisors, the acquisition creates the advisory firm of choice for organizations seeking to improve their business and IT processes through shared services, outsourcing and offshoring. The firms have additional expertise in sector-specific processes such as claims management, mortgage processing and policy administration. The acquisition will also broaden and solidify the firms geographic reach, thereby providing greater value for clients. The combined firm has approximately 300 employees across North America, Europe and Asia Pacific.
Announcement Date: September 4, 2007
Deal Value: Undisclosed
Wind River acquires Comsys
Wind River Systems, Inc. has acquired privately held Comsys S.R.L., an embedded software professional services organization based in Romania. Founded in 2000, Comsys currently has 52 employees and a unique depth of knowledge and expertise in device software services. With this acquisition, Wind River gains access to top talent with hands-on device software experience in telecom, mobile, aerospace and defense. Wind River initially began working with Comsys as a partner in 2004 and successfully collaborated on multiple joint engagements for key Wind River customers including Palm, IBM and EADS. Through this acquisition, Wind River will be able to greatly expand its strategic services footprint and offerings in Europe, while also leveraging Comsys' expertise globally across other key customers.
Announcement Date: August 30, 2007
Deal Value: $1.4 million
Kenexa acquires Human Resources Consulting
Kenexa, a provider of talent acquisition and retention solutions, has acquired Germany-based HRC Human Resources Consulting GmbH. Headquartered in Munich; HRC Human Resources Consulting GmbH (HRC) is a consultancy for business-orientated employee surveys in German-speaking countries. The acquisition of HRC will provide additional proprietary content to Kenexa's current survey and performance management offering and their offices will expand Kenexa's geographical reach in mainland Europe a key growth area for Kenexa.
Announcement Date: August 21, 2007
Deal Value: Undisclosed
Softtek acquires I.T. UNITED
Softtek (Mexico), the creator and leader of the Near Shore Industry (claims to be the largest private IT service provider in Latin America), acquired I.T. UNITED, a leading China-based provider of software development and outsourcing services. This strategic deal will significantly boost Softtek's capabilities to serve the global needs of its clients by leveraging I.T. UNITED's existing capabilities and China market positioning. With this acquisition, Softtek adds the eighth Global Delivery Center to its network of centers in Mexico, Brazil and Spain. Softtek has gained a strong reputation in the IT & BPO global sourcing industry through its trademarked Near Shore model, which pairs world-class execution with global proximity to fill the gap left by India-centric outsourcing models.
Announcement Date: August 20, 2007
Deal Value: Undisclosed
Incentra Solutions acquires Helio Solutions
Incentra Solutions, Inc., a provider of IT and storage management solutions to enterprises and managed service providers in North America and Europe, has acquired Helio Solutions, Inc. Helio is a premier provider of IT and secure data center solutions to mid-tier enterprises and Fortune 1000 companies. The acquisition will add a staff of approximately 60 professionals and more than 350 customers to Incentra's existing operations. Acquiring Helio will significantly strengthen Incentra's presence in California and Arizona. The acquisition is another important step in the Company's strategy to rapidly grow revenues by acquiring systems integrators with existing direct sales organizations serving the enterprise market.
Announcement Date: August 20, 2007
Deal Value: $10.3 million (Cash and stock)
Seller Revenue: Approximately $75 million ttm (6-30-07)
PC Mall to buy Sarcom
PC Mall Inc., the online computer and electronics retailer, has agreed to buy privately held computer services provider Sarcom Inc. PC Mall said the acquisition will boost its ability to provide technology services and is consistent with its plan to grow its business by acquiring a bigger piece of its customers' spending on information technology. PC Mall believes that this acquisition will enhance its capabilities as a reseller of advanced technology product solutions and services.
Announcement Date: August 20, 2007
Deal Value: $55 million (Cash and stock on reported revenues of $248 million in 2006)
BT Group acquired Basilica Computing
BT Group has acquired Basilica Computing (UK), provider of IT solutions. The acquisition will help enhance the ability of BT to service the IT and communications needs of the UKs SMEs. BTs strategy is to take care of their customers communications and technology needs. This acquisition will help BT deliver that proposition to its customers and will underpin BTs long-term growth in the unified communications sector. The combination of Basilicas expertise together with BTs brand and BT Business channels creates a new powerhouse within the IT services and solutions marketplace.
Announcement Date: August 16, 2007
Deal Value: Undisclosed
SQS Software Quality Systems AG acquired Triton Unternehmensberatung GmbH
SQS Software Quality Systems AG acquired Triton Unternehmensberatung GmbH (Austria), a provider of information technology consultancy services. Triton is a highly profitable IT business consultancy that will enhance the newly launched Management Consulting practice of SQS, mainly helping business departments to improve the success rates of their IT projects. The acquisition will immediately be accretive. Triton provides IT consultancy services to insurance companies improving the automation of their back office processes.
Announcement Date: August 16, 2007
Deal Value: $20.9 million (Cash plus potential earnout)
Seller Revenue: $6.6 million (2006)
OSI Consulting acquires 1Answer Solutions
OSI Consulting, Inc., has expanded its offerings to include Hyperion expertise by acquiring one of Hyperion's leading consulting partners, 1Answer Solutions. Through the acquisition, OSI Consulting continues to parallel Oracle's product strategy and gains a new business practice focusing on business intelligence and business performance management. This acquisition strengthens its position as a very mature Oracle solutions and services provider and extends its end-to-end enterprise solution offerings. The additional business intelligence and business performance management expertise from the 1Answer acquisition will bring OSI's total consulting resources to nearly 450 consultants.
Announcement Date: August 14, 2007
Deal Value: Undisclosed
Wipro to buy Infocrossing
Indian outsourcing company Wipro Ltd. is buying NASDAQ-listed Infocrossing, provider of outsourcing services to mid-size companies in the United States. Infocrossing is a perfect fit for Wipro. The acquisition, the biggest-ever by an Indian services company, will help Wipro enhance its service, especially the off-shoring of technology infrastructure services by Western companies to low-cost destinations like India.
Announcement Date: August 6, 2007
Deal Value: $600 million (Cash)
Seller Revenue: $232.4 million (ttm ending March 31)
The Revere Group acquired Tryarc
Global business and technology consultancy firm, The Revere Group (an NTT Data company) acquired Tryarc LLC, a privately held information technology consulting firm that specializes in Business Systems and Custom Application Development. The acquisition is another step in Revere's expansion strategy to better service fast growing and middle tier global companies as well as Japanese multi-national companies in the western U.S. This acquisition supports Reveres goal of expanding its presence throughout North America over the next three years. Tryarc's growth, reputation and service offerings are particularly complementary to Revere.
Announcement Date: August 2, 2007
Deal Value: Undisclosed
KPN to acquire Getronics
Royal KPN NV (Netherlands) is launching a management-backed bid for IT services company Getronics NV. Getronics helps companies choose, install and manage information and communications systems. Its customers are concentrated in the manufacturing and financial industries as well as governments, with the U.S. military an important client. The surprise acquisition came after Getronics recently said its discussions about being bought by a U.S. company had fallen apart. The rationale is that today customers increasingly require communications and IT services from a single end-to-end vendor. By combining these two companies KPN will instantly become a market leader in workspace management in the Netherlands.
Announcement Date: July 30, 2007
Deal Value: $1.05 billion (Cash)
Groupe Steria to acquire Xansa
French IT services firm Steria is acquiring UK outsourcing supplier Xansa in a deal that will create a combined company with sales of more than $2.03 billion. Steria says the merger will be a major step in the development of its strategic plan, will strengthen its position in the UK IT market and enable it to become one of the top 10 IT service providers throughout Europe. Xansa will provide the merged company with an increased presence in the financial and public sectors and greater scale to compete for big customers. Thanks to Xansa, Steria will greatly improve its services range and will be among the largest IT service providers in the UK behind Siemens and before Tata Consultancy Services.
Announcement Date: July 30, 2007
Deal Value: $962.6 million
Seller Revenue: $816.9 million (2007 forecast)
Accenture to acquire George Group
Accenture has agreed to acquire George Group, a privately held consulting firm specializing in helping companies and governments enhance their performance through strategic process improvements, accelerated innovation and streamlined operations. The acquisition will expand and enhance Accenture's ability to help clients become high-performance businesses through the addition of George Group's specialized expertise in process improvement techniques including Lean Six Sigma, which combines process improvement methodology with efficient process discipline to reduce delivery times, lower costs and increase customer satisfaction.
Announcement Date: July 19, 2007
Deal Value: Undisclosed
EMC acquires Geniant
EMC has acquired Geniant, provider of a comprehensive suite of services to help organizations create more agile and real-time business models. Geniant will join the consulting organization within EMC Global Services. The goals of both companies are well aligned. At EMC there is a clear goal of helping enterprises of all sizes manage their growing volumes of information ensuring continuous availability throughout the information lifecycle. Geniant's goal is to provide real-time access to information regardless of time, place, or device.
Announcement Date: July 9, 2007
Deal Value: Undisclosed
GlassHouse Technologies acquires RapidApp
GlassHouse Technologies, an independent IT infrastructure consulting and services firm, has acquired server virtualization consulting company RapidApp. RapidApp built its reputation by helping Fortune 500 and mid-market companies minimize project costs and compress timeframes for deploying applications and their supporting infrastructure. In addition to server virtualization, the acquisition extends GlassHouse's offerings into virtual storage, virtual desktop infrastructure, and application delivery and deployment services. As a result, GlassHouse customers will benefit from deeper infrastructure management services and consulting throughout their organizations.
Announcement Date: July 11, 2007
Deal Value: Undisclosed
SunGard acquires GTI Consultants
SunGard has acquired GTI Consultants (France), a specialist consultancy firm providing IT services to French financial institutions. GTI will become part of SunGard's Cadextan business unit. GTI comprises more than 100 consultants with expertise in retail banking and insurance. With the addition of GTI, SunGard's Cadextan business unit will grow to more than 500 consultants, representing one of the largest pools of specialist finance and IT consultants in France. The acquisition of GTI will help SunGard to strengthen its position in asset management and investment banking in France and will help SunGard deepen its relationships with some of France's largest financial services institutions.
Announcement Date: July 9, 2007
Deal Value: Undisclosed
HighPoint Solutions acquires SysZen Technologies
HighPoint Solutions, a leading life sciences IT consultancy, has acquired SysZen Technologies, Inc. With this acquisition, HighPoint will increase its employee count by 33 percent to over 300 professionals company-wide. SysZen, a leading provider of high-end Enterprise Technology Architecture and Integration Solutions, will further support HighPoint's life science practice areas, while enhancing HighPoint's penetration into the healthcare, financial services and retail markets. SysZen has clients across multiple industries, including pharmaceutical, healthcare, financial services and retail.
Announcement Date: July 9, 2007
Deal Value: Undisclosed
DynTek acquires Coast Solutions Group
DynTek, Inc., a provider of professional technology services, has acquired Coast Solutions Group, a value-added distributor of enterprise professional services. CSG delivers professional services for customers that span the entire information technology supply chain including major manufacturers, distributors, direct marketers and regional VARs. CSG broadens DynTeks solution portfolio, especially in the realm of advanced enterprise service offerings.
Announcement Date: July 5, 2007
Deal Value: Undisclosed