NTT DATA EUROPE secures 87 percent of itelligence’s share capital
"We have been very optimistic that itelligence’s shareholders would recognise the benefits of the partnership throughout the process", says Takashi Enomoto, Executive Vice President at NTT DATA. "But the support from itelligence shareholders as demonstrated by the acceptance level of 87 percent even exceeds our expectations. We are more than happy."
The transaction is part of NTT DATA’s expansion of its global IT service capabilities. The leadership of itelligence in the SAP environment and its strong market position in the mid market are of great value for the Japanese IT company. itelligence gains access to NTT DATA’s multinational clients and to the Asian region.
All deal related announcements and notifications can be found at http://www.nttdataeurope.com.
About NTT DATA CORPORATION
NTT DATA CORPORATION is a quoted subsidiary of Nippon Telegraph and Telephone Corporation. It offers a broad range of IT services including consulting, systems integration and IT outsourcing. NTT DATA posted total revenues of approx. JPY 1 trillion (Euro 7.0 billion)(2) for the year ended March 31, 2007, and has more than 22,600 employees. Since 2005, NTT DATA has taken various steps to develop the international business, including the acquisition of the Revere Group in the US and the Shenzen East Net Co., Ltd. in China. For more information visit the NTT DATA website: http://www.nttdata.com.
This is neither an offer to purchase nor a solicitation of an offer to sell shares in itelligence AG, nor an offer to purchase or sell any other securities. The information herein may contain "forward-looking statements".Forward-looking statements may be identified, in particular, by words such as "expects", "anticipates",
"intends", "plans", "believes", "seeks", "estimates", "will" or words of similar meaning and include, but are not limited to, statements about the expected future business of NTT DATA CORPORATION, NTT DATA EUROPE GmbH & Co. KG, itelligence AG or any other entities. These statements are based on the current expectations of the management of NTT DATA CORPORATION and NTT DATA EUROPE GmbH & Co. KG and are inherently subject to uncertainties and changes in circumstances. NTT DATA CORPORATION and NTT DATA EUROPE GmbH & Co. KG do not undertake any obligation to update the forward-looking statements to reflect actual results, or any change in events, conditions, assumptions or other factors.
(1) itelligence AG on 31 December 2007 announced that the number of Voting Rights amounted to a total of 23,995,206, effective as of 11 December 2007. The 17,330,843 itelligence shares that were tendered during the acceptance period therefore correspond to a stake of 72.23 percent of the itelligence share capital.
(2) Based on the average exchange rate of approx. 150 JPY/EUR for the period from April 1st, 2006 to March 31st, 2007 (source:
itelligence ist als einer der international führenden IT-Komplettdienstleister im SAP-Umfeld mit mehr als 1.300 hochqualifizierten Mitarbeitern in 16 Ländern in 5 Regionen (Asien, Amerika, Westeuropa, Deutschland/Österreich und Osteuropa) vertreten. Als SAP Business- und Support-Alliance- sowie Global Partner Hosting und Global Partner Services realisiert itelligence für über 2.500 Kunden weltweit komplexe Projekte im SAP-Umfeld. Im Jahr 2006 erhielt itelligence den Gold-Partner-Status der SAP in Deutschland, die USA folgten 2007. Mit seinem umfassenden Leistungsspektrum ? von SAP-Strategie-Beratung, SAP-Lizenzvertrieb über selbstentwickelte SAP-Branchenlösungen bis hin zu Outsourcing & Services ? erzielte das Unternehmen in 2007 einen Gesamtumsatz von 190,9 Mio. Euro.