Deutsche Telekom's T-Systems to Acquire SAP AG European External Hosting Business
Posted on: Monday, 14 September 2009, 12:54 CDT
ROCHESTER HILLS, Mich. and FRANKFURT AM MAIN and WALLDORF, Germany, Sept. 14 /PRNewswire/ -- Deutsche Telekom's corporate customers arm, T-Systems, and SAP have entered into an agreement by which T-Systems will acquire SAP's existing European external hosting customer base. As a result of this transaction, hosting support for SAP software applications of nearly 90 SAP customers will be transferred to T-Systems. The transaction will not involve any transfer of staff or fixed assets. The transaction underscores T-Systems' position as a leading SAP service provider, and the company sees the acquisition of SAP's external hosting business as an opportunity to generate continued global growth. T-Systems and SAP anticipate that this transaction will be completed in early October 2009, subject to required clearances from anti-trust authorities. Terms of the transaction were not publicly disclosed.
Olaf Heyden, Member of the Board of Management of T-Systems and Head of ICT Operations, explained: " The takeover of SAP external hosting business fits precisely to T-Systems' global SAP strategy. The transaction is the next step according to the won deal with Continental to underline T-Systems' position as a global leading SAP service provider. On the same hand we boost our dynamic services approach."
"I am pleased that our certified hosting partner, T-Systems, will take on delivering external hosting services for SAP hosting customers. T-Systems has an outstanding reputation in delivering quality, cost-effective service," said Dr. Wolfgang Krips, Senior Vice President, SAP Managed Services, the division responsible for SAP's external hosting operations. "Even though there will be a transition to a new provider, I am confident that customers will find the gradual transition to T-Systems to be smooth and very manageable so they may continue to execute their IT agendas."
Multinational groups such as Shell, MAN and Linde procure their SAP applications over the T-Systems network in Munich. T-Systems is leader in the area of tailored SAP services world-wide.
About T-Systems
Drawing on a global infrastructure of data centers and networks, T-Systems operates information and communication technology (ICT) systems for multinational corporations and public sector institutions. On this basis, Deutsche Telekom's corporate customer arm provides integrated solutions for the networked future of business and society. Some 46,000 employees at T-Systems combine industry expertise and ICT innovations to add significant value to customers' core business all over the world. The corporate customers unit generated revenue of around EUR 9.3 billion in the 2008 financial year.
About SAP
SAP is the world's leading provider of business software(*), offering applications and services that enable companies of all sizes and in more than 25 industries to become best-run businesses. With more than 89,000 customers in over 120 countries, the company is listed on several exchanges, including the Frankfurt stock exchange and NYSE, under the symbol "SAP."
For more information, visit www.sap.com.
SOURCE T-Systems Inc.
Source: PR Newswire
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