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Alten — M&A Activity 2014
Dec 17, 2014
1103_iss_2014-12-17_23dca25a-6e35-44ef-b2f2-2dd645c3166c.pdf
M&A Activity
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Press release Paris, December 17th 2014
CALSOFT LABS Inc., subsidiary of ALTEN, purchases CPrime and strengthens its presence in the USA.
ALTEN continues to develop in the United States. Its subsidiary Calsoft Labs Inc purchased CPrime, specialized in project management, and "Agile" consulting.
Thanks to this acquisition, Calsoft Labs widens its expertise and its skills in the various fields of technology Consulting and product engineering services in the industrial, telecoms, and services sectors.
CPrime should generate a 2014 projected turnover of about 21 million dollars with a workforce of 100 engineers. It will be included in the 2015 Alten financial statements.
As a European Leader in Technology Consulting and Engineering (TCE), ALTEN carries out design and research projects for Technical and IT divisions of major clients in industry, telecoms and services.
ALTEN's stock is listed in compartment A of the Euronext Paris market (ISIN FR000001946); it is part of the SBF 120, the IT CAC 50 index and MIDCAP100, and is eligible for the deferred Settlement Service (SRD).
Technology Consulting and Engineering (TCE)
For more information: www.alten.fr