Atos Origin acquires national SAP implementation partner in China
06/05/2009
Atos Origin’s first acquisition in China enhances its market position and expands its product offering

Fuente: http://www.consultant-news.com  Fecha: 6.05.2009

 

  Atos Origin has acquired Shanghai Covics Business Solution Ltd.(Shanghai Covics), a 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.”