“Atos Origin acquires a leading SAP national implementation partner in China”
Beijing, China – 5 May 2009
Enhances Market Position and Expands Product Offering Atos Origin, an international IT services company, today announced it has acquired Shanghai Covics Business Solution Ltd.(Shanghai Covics), a leading Chinese SAP consultancy and SAP system integration services provider. It's the first acquisition carried out by Atos Origin in China and in the Asia-Pacific region as well.
Through the acquisition, Atos Origin, the company that has successfully delivered the IT systems for the Beijing 2008 Olympic Games, will reinforce its capability all through the full SAP cycle of consulting, implementation, maintenance and hosting in China, notably Beijing, Shanghai and Guangzhou. In addition, it will be able to double the number of its local experienced SAP consultants.
Shanghai Covics is a pure Chinese SAP player with over 100 staff led by a strong management team. It has an excellent team of qualified SAP consultants and a number of outstanding projects delivered to date. It is also one of the most successful All-in-One SAP project integrators in the China market.
Herbert Leung, CEO Atos Origin in Asia Pacific, said: “The acquisition is no doubt a strategic move to sharpen our competitiveness of delivering SAP implementations complying with the highest SAP quality standards in China. This is also in line with our aim to use our China SAP operations as a major SAP Competency Center across the Asia-Pacific region.”
After the acquisition, Shanghai Covics will be wholly owned by Atos Origin. Retaining the company name, Shanghai Covics will continue carrying on its business while Atos Origin reviews its operations and synergies during the transition period.
“Atos Origin is a long term global SAP partner and we have extensive revenues around SAP implementations and full lifecycle support.” said Thierry Breton, Chairman and CEO of Atos Origin. “The acquisition underlines our ambition to grow our SAP business in the Chinese market as this acquisition will improve our ability to answer the growing demands from our clients. It also further demonstrates our deep commitment and strong belief in China's huge potential for IT companies.”
Atos Origin has over 20 years experience working with SAP applications and is an SAP Global Services partner, an SAP Global Hosting Partner, a member of the SAP NetWeaver® Partnership Initiative and a leading member of the Enterprise SOA adoption program. Atos Origin has a long-term relationship with SAP and in-depth knowledge of the SAP portfolio. With over 5,000 consultants globally, SAP services are one of the cornerstones of Atos Origin's business.
About Atos Origin
Atos Origin is an international information technology services company. Its business is turning client vision into results through the application of consulting, systems integration and managed operations. The company's annual revenues are EUR 5.5 billion and it employs over 50,000 people in 40 countries.
In Greater China region, Atos Origin has been present for over 10 years and currently employs 1,000 people in Beijing, Shanghai, Hong Kong and Taiwan, focusing on an end-to-end service model to “design, build and operate” IT solutions for key clients in such industries as finance, discrete manufacturing, petro chemicals and process industry, and energies. Atos Origin China is headquartered in Beijing.
Atos Origin is the Worldwide Information Technology Partner for the Olympic Games and has a client base of international blue-chip companies across all sectors. Atos Origin is quoted on the Paris Eurolist Market and trades as Atos Origin, Atos Worldline and Atos Consulting.
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