OREANDA-NEWS. December 03, 2012. NTT DATA EMEA Ltd. (“NTT DATA EMEA”; CEO: Thomas Balgheim; Head office: London, UK), through NTT DATA Italia S.p.A. (“NTT DATA Italia”; CEO: Patrizio Mapelli; Head office: Milan, Italy), reached an agreement to acquire 100% of the outstanding shares in IFI Solution Joint Stock Company (“IFI Solution”; Chairman: Nguyen Thanh Son; Head office: Hanoi, Vietnam), which specializes in providing Real-time and Embedded software, Radio Access Technologies (RAT) development systems and testing services with European clients.
Outline

IFI Solution is based in Vietnam with its key strength in mainly providing offshoring and outsourcing services regarding Real-time and Embedded software, Radio Access Technologies (RAT) development systems and testing with European clients in various sectors including Railway, Telecommunication and Utilities.
 Through this acquisition, the NTT DATA Group (hereafter, “the Group”) will gain capabilities of IFI Solution’s software development as well as professionals with extensive knowledge and experiences of Real-time and Embedded software, Radio Access Technologies (RAT) development systems and testing. The Group will aim to further enhance value proposition to clients such as providing more competitively-priced system design proposals as to obtain further contracts from existing clients and secure new contracts from potential clients mainly in the European market.