FPT Software program Acquires Intertec Worldwide’s IT Providers Division

Business

FPT Software program Acquires Intertec Worldwide’s IT Providers Division

NewsNero

February 23, 2023

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HANOI, Vietnam — Vietnam’s main expertise agency, FPT Software program, right this moment proclaims its acquisition of Intertec Worldwide’s (Intertec) IT Providers division, to additional strengthen its North American nearshore supply capabilities.

Following the success of an preliminary funding in Intertec in 2021, this majority funding permits FPT Software program and Intertec to supply its clients with a seamless expertise by leveraging each organizations’ strengths. Intertec Engineering, the corporate’s Technical Providers division centered on aerospace and authorities, will stay an unbiased entity.

This funding permits FPT Software program to additional handle rising calls for for Agile software program engineering and bridge the time zone distinction. The Vietnamese IT agency will proceed to leverage and construct upon Intertec’s supply facilities and operational expertise in Costa Rica, Colombia, and Mexico.

“Seeing the synergies and success of our relationship with Intertec made this deal a pure subsequent step,” stated FPT Americas Chief Govt Officer Dang Tran Phuong. “We’re dedicated to offering distinctive companies to our clients and have listened to their wants for a mixture of offshore, nearshore and onsite supply fashions to assist them understand their speed-to-market objectives and supply 24/7 help.”

As an FPT Software program firm, Intertec clients will discover a trusted companion offering higher scale and international supply choices by FPT Software program’s intensive community of 27,000 workers in 29 international locations. Prospects can even have entry to enhanced service choices, together with Knowledge, Cloud, Digital platforms, RPA, AI, IoT, Enterprise Functions, Software Providers, Managed Providers, and extra.

“We’ve labored with FPT for a number of years and we stay up for taking our relationship to the following stage,” stated Intertec Worldwide’s CEO Rickard Hedeby. “By combining forces, we are able to present higher worth to our clients and broaden profession alternatives for our workers.”

“Every M&A deal bears good fruit to FPT. We anticipate this acquisition to resonate tremendously with FPT’s objective of increasing enterprise operations globally, particularly within the English-speaking markets,” shared FPT Company Chairman Dr Truong Gia Binh.

The transfer is part of FPT Software program’s international progress technique and can enhance its presence within the Americas. With this funding, the corporate good points almost 300 workers and 4 workplaces. Within the subsequent two years, FPT Software program units its sight on rising its headcount within the Latin American area to 1,000.

About FPT Software program

FPT Software program is a worldwide expertise and IT companies supplier headquartered in Vietnam, with greater than $803 million in income and 27,000 workers in 29 international locations. As a pioneer in digital transformation, the corporate delivers world-class companies in Sensible factories, Digital platforms, RPA, AI, IoT, Cloud, AR/VR, BPO, and extra. It has served 1000+ clients worldwide, 100 of that are Fortune World 500 corporations in Automotive, Banking and Finance, Logistics & Transportation, Utilities, and extra. For additional data, please go to https://www.fpt-software.com

About Intertec Worldwide

Intertec Worldwide is an IT & Technical Providers firm based in 2002, headquartered in Phoenix, Arizona, with workplaces throughout the US, UK, and Nearshore Expertise Facilities in Costa Rica, Colombia and Mexico. Intertec Worldwide gives expertise options and companies to Fortune 500 and mid-size corporations in quite a lot of vertical markets. Managing difficult industry-specific IT packages is certainly one of Intertec’s core competencies. Its organizational flexibility permits it to supply custom-made options to new industries in our portfolio by utilizing confirmed methodologies for initiating and implementing packages. Intertec’s expertise and material experience embrace industries comparable to banking, monetary companies, insurance coverage, CPG, logistics, and expertise.