It has announced the acquisition of the 100% of the AIVE Group that Capgemini was one of the foremost providers of the consulting, outsourcing services and the technology. This is one of the leading Italian Information Technology services providers. The emerald , Athena Private Equity and the Fidia is three primary private equity funds and AIVE’s management. The market share in the Information Technology as well as the SaaS or the Software as a Service, this is to strengthen its application portfolio. This is the strategic that will enable Capgemini. By the Italian relevant anti-trust authorities, the contract was signed under the conditional approval. Then by the Capgemini Group’s net cash, the operation will be done base on the enterprise value that will be financed by them, the value was about EURO 42.9 million. In the The BI Group in North America and the CS Consulting in Germany, the acquisitions of the Prosodie, Artesys and the Avantias and also the transaction, it highlights the Group commitment to continue the expanding in its traditional markets. The revenues around EUR 150 million and employs 1, 800 experts, this is according to the Capgemini Italia based on the report in 2010. The Capgemini Italia registered a high single digit average annual growth for the recent harsh economic times for the Information Technology Italian market. In the year 1984 the AIVE Group was founded, this is an innovative Information Technology and this is a leading. It has generated pro-forma* revenues of EUR 56 million in the year 2010 and it has a strong history of the profitable. The group of AIVE organize around the three business units. The AIVE BST, this is Business Solutions for medium accounts and manufacturing industry. The AIVE BST is the tailored solutions for medium accounts and manufacturing industry, the AIVE I&C, this is the Integration and Consulting for large accounts. There were 550 professionals that was entirely dedicated to the customer satisfaction. The core business is represented by the vertical Information Technnology solutions and related services, this is the success of the group of the AIVE that was based on the specific industry knowhow and the long-lasting trusted relationships with the clients. The headquarter of the company was in Venice and it provides the systems integration, the products and also the Information Technology consultancy services to the several large national and multinational cliets and the mid-sized organizations. This company is one of the leading integrators of the international ERP platforms. Allowing the clients to benefits from the seamless portfolio services ranging from the consulting to the systems integration, the appilcation deployment and the application management services, the AIVE Group’s products and services portfolio perfectly ties into Capgemini offering. The clients with the tested and the reliable end-to-end solutions foe the specific market segments, this is empowered by the AIVE vertical competencies together with the Capgemini’s indutrialized approach. Because of this combination with the AIVE vertical competencies and with the Capgemini industrialized approach will drive into success in the software as the service emerging market space. The outsourcing is helping the economy and at the same time it also help the activities of the company and the businesses to improve there performance.
Reference
http://www.capgemini.com/news-and-events/news/capgemini-acquires-italian-it-services-provider-aive-group/
