October 27, 2008
NTT Data Acquires 51% of Czech SAP Specialist
NTT Data has announced that its German subsidiary intelligence has acquired a 51% stake in Czech SAP specialist Sapcon for an undisclosed sum.
The company said Sapcon acquisition will bring in consulting and implementation expertise in SAP and document management systems. It said it will also strengthen its support services, including local development of information systems for global industrial, energy, and telecommunications companies in the Czech market.
Last year, the company acquired German SAP services provider itelligence for $104m and Indian application development firm Vertex Software to strengthen its international operations. Earlier this year it acquired a 72.9% stake in BMW's IT consulting company Cirquent.