itelligence Buys SAP Based Business in North America from Software AG

BIELEFELD, Germany and CINCINNATI, Jan. 8, 2013 /PRNewswire/ -- itelligence, the leading full-service provider in the SAP small- and medium-sized business environment, has purchased, effective January 16, 2013, the operational areas of SAP consulting, license and maintenance for Software AG in Canada and the U.S.  With this step, itelligence U.S. expands geographically into the Ontario region of Canada and broadens its customer base in the United States, taking over the majority of approximately 50 Software AG employees. Both parties agreed to maintain confidentiality with regard to the purchase price.

Norbert Rotter, CFO, itelligence AG, said: "The U.S. business is the second largest of the itelligence group. Strategically, itelligence plans further expansion into North America. The acquisition of the former IDS Scheer business of Software AG is a unique opportunity to increase our market share and strengthen our recurring business."

Steve Niesman, CEO and President of itelligence U.S., added: "Among Software AG customers are clients in the automotive, CPG and manufacturing industries, as well as young dynamic start-ups in the region. These customers will profit not only from a proven SAP leading partner, but also from the extensive service portfolio of itelligence. itelligence is opening a new branch in Toronto for the English-speaking Canadian market."

itelligence is the most successful SAP partner for small- and medium-sized businesses, with a comprehensive offering in industry solutions based on SAP Business All-in One. The complete offering includes license sales, consulting, Business Intelligence and full managed services - from a 24/7 hotline, to Application Management, all the way to hosting options at 10 highly modern data centers worldwide, among other things.

Jason Mausberg, Managing Director, itelligence Business Solutions Canada, Inc., said: "We are delighted to join the itelligence family and to be a part of an organization completely dedicated to delivering the power of SAP. We are excited to bring a more complete and robust portfolio of SAP solutions to not only our valued customers, but to new prospects in Ontario as well."

itelligence is one of the leading international full-service providers of solutions in support of SAP solutions, employing about 2,700 highly qualified employees in 21 countries and in five regions (America, Asia, Western Europe, Eastern Europe and Germany/Austria/Switzerland). As a frequently awarded SAP partner, among others global value-added reseller, SAP Certified in Cloud Services and SAP Gold Partner Business ByDesign, itelligence realizes complex projects in the SAP solution-based environment for over 4,000 customers worldwide. In 2006, itelligence obtained gold-level status as an SAP channel partner as part of the SAP PartnerEdge™ program in Germany, and in the U.S. in 2007. The company's services in support of SAP solutions range from consulting and licensing to outsourcing and services to proprietary industry-specific SAP. In 2011, itelligence generated total sales of EUR 342.4 million. itelligence is "Top Consultant" 2012.

SOURCE itelligence