Devoteam and Exprivia Partner to Build a Market Leader in IT Services for
Telecommunications and Media in Italy
EXPRIVIA SPA ACQUIRES DEVOTEAM AUSYSTEMS SPA WITH THE GOAL TO EXTEND THE RANGE
OF ITS HIGH VALUE ADDED SERVICES
PARIS -- February 12, 2014
Devoteam (Paris:DVT) has signed a contract for the sale of its Italian
subsidiary Devoteam auSystems Spa to the Italian group Exprivia Spa. The
company has operated in the Italian market for over 15 years as a significant
IT services player in Telecommunications and Media, serving leading
international operators and equipment manufacturers.
Devoteam auSystems, created in 1999, has developed know-how, focused expertise
and capabilities in the field of embedded systems, OSS systems, next
generation networks (NGN), mobile applications, and machine-to-machine (M2M)
solutions. It offers its services through centres of excellence in Milano,
Roma, Genova, and Palermo.
Devoteam auSystems generated Euro 16 million revenues in 2013 with 250
This project allows Devoteam auSystems to join forces with a bigger player in
Italy that is present in other market segments. The move is in line with
Devoteam's refocusing strategy on the one hand, and that of Exprivia, looking
to specialize within specific verticals, on the other hand. The closing of the
transaction is subject to customary conditions and is expected in the first
half of April 2014. More details will be disclosed in due time.
“We are convinced that the combination of our very experienced teams with a
stronger local player such as Exprivia is the best solution to address the
consolidating market in Italy. We also hope that this will be the beginning of
a wider collaboration between our companies, notably in the field of our
strategic offerings, notably the Network transformation”, states Stanislas de
Bentzmann, co-CEO of Devoteam.
"The telecommunications market is undergoing a period of deep transformation,"
says Domenico Favuzzi, president and CEO of Exprivia.
"After the investments incurred for the acquisition of LTE licenses for the
development of fourth generation networks (4G), the operators have announced a
massive investment plan for the next two years to expand the networks and
differentiate the services, in order to offer their customers the benefits of
technological evolution of Smartphone, Tablet, PDA and new generation digital
With the acquisition of Devoteam auSystems, Exprivia intends to become a
reference player servicing telecommunications customers in the process of
adopting new mobile technologies that enable radical transformation of
production processes and businesses."
Devoteam (ISIN: FR 0000073793, Reuters: DVTM.PA, Bloomberg: DEVO FP) is an IT
consulting group created in 1995, a specialized ICT Transformation partner of
its clients. Combining consulting know-how and technical expertise enables
Devoteam to provide its customers with independent advice, delivering
innovative and industrialized end-to-end solutions.
In 2012, Devoteam achieved revenues of €515 million and an operating margin of
3.5%. The Group has a workforce of 3915 employees in 23 countries across
Europe, North Africa and Middle East.
Exprivia S.p.A. is a company specialised in the design and development of
innovative software technologies and in supplying IT services for the banking,
financial institution, industry, energy, telecommunications, utilities,
healthcare and public administration markets.
The company today is listed on the Borsa Italiana MTA, Star segment (XPR),
with Abaco Innovation Spa as a main shareholder.
The company numbers a total of approximately 1800 resources, and has head
offices in Molfetta, Bari, Milan, Rome, Piacenza, Padua, Trento, Vicenza,
Genoa, Madrid, Barcelona, Las Palmas, Mexico City, Monterrey, Guatemala City,
Lima, Sao Paulo do Brazil and Bejing.
Stanislas de Bentzmann
Aurélie Chambon & Bastien Rousseau
Marketing & Communication:
Alessia Vanzini, +39 02280141
Gianni Sebastiano, + 39 0803382070
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