Vietnam’s FPT Software acquires Intertec International’s IT services division




Vietnam’s engineering company FPT Software, has on Wednesday announced its acquisition of Intertec International’s (Intertec) IT products and services division, to further more fortify its North American nearshore delivery capabilities.
Following the achievements of an original expenditure in Intertec in 2021, this vast majority expenditure allows FPT Program and Intertec to supply its consumers with a seamless practical experience by leveraging both equally organizations’ strengths, FPT Software package claimed in a assertion.
Intertec Engineering, the company’s technological products and services division centered on aerospace and governing administration, will remain an unbiased entity.
This investment decision enables FPT Software program to even further address expanding requires for Agile software program engineering and bridge the time zone change.
The Vietnamese IT company will continue to leverage and create on Intertec’s delivery centers and operational working experience in Costa Rica, Colombia, and Mexico.
“Seeing the synergies and accomplishment of our partnership with Intertec created this offer a purely natural subsequent stage,” reported FPT Americas Main Government Officer Dang Tran Phuong.
“We are dedicated to supplying fantastic solutions to our prospects and have listened to their wants for a combine of offshore, nearshore and onsite shipping and delivery versions to aid them recognize their speed-to-market place objectives and give 24/7 help,” he mentioned.
As an FPT Program enterprise, Intertec prospects will locate a trustworthy companion delivering bigger scale and world wide supply solutions as a result of FPT Software’s extensive community of 27,000 personnel in 29 countries.
Prospects will also have accessibility to improved service choices, including data, cloud, electronic platforms, robotic approach automation (RPA), synthetic intelligence (AI), online of items (IoT), business enterprise applications, application providers, managed services, and much more.
“We have labored with FPT for several decades and we seem forward to having our romantic relationship to the subsequent stage,” claimed Intertec International’s CEO Rickard Hedeby.
“By combining forces, we can offer greater price to our clients and broaden profession opportunities for our staff,” he included.
The shift is a element of FPT Software’s international development method and will enhance its existence in the Americas. With this investment, the organization gains nearly 300 workers and 4 places of work.
In the up coming two a long time, FPT Software sets its sight on rising its headcount in the Latin American area to 1,000.
“Each merger and acquisition offer bears fantastic fruit to FPT. We count on this acquisition to resonate significantly with FPT’s intention of expanding organization functions globally, specifically in the English-talking marketplaces,” claimed FPT Company Chairman Dr Truong Gia Binh.
FPT Computer software is a world-wide engineering and IT products and services supplier headquartered in Vietnam, with extra than $803 million in profits and 27,000 staff members in 29 nations around the world.
As a pioneer in digital transformation, the firm provides products and services in clever factories, electronic platforms, RPA, AI, IoT, cloud, augmented reality (AR)/ digital truth (VR), business procedure outsourcing (BPO), and extra.
It has served 1000+ customers throughout the world across automotive, banking and finance, logistics and transportation, utilities sectors.
Intertec Intercontinental is an IT & Technological Services firm established in 2002, headquartered in Phoenix, Arizona, with places of work throughout the United States, United Kingdom, and Nearshore Engineering Facilities in Costa Rica, Colombia and Mexico.
Intertec Global offers technologies options and products and services to Fortune 500 and mid-size organizations in a assortment of vertical markets.
The firm provides personalized answers to new industries in its portfolio by using proven methodologies for initiating and applying applications.
Its experience and matter matter skills contain industries these types of as banking, financial expert services, insurance, buyer packaged group (CPG), logistics, and technological innovation.
Vietnam’s Aura Community raises $4M Pre-Collection A funding led by Hashed and Coin98
