NTT DATA Business Solutions has acquired Bulgaria-based Business Services & Technologies, an MSP with expertise in SAP, for an undisclosed amount.
This is the technology M&A deal number 320 covered by ChannelE2E today in 2022. View more than 1,000 technology M&A deals involving MSPs, MSSPs, and IT service providers listed here.
Founded in 2012, Business Services & Technologies has been an external partner of NTT DATA Business Solutions for several years. With the new location in Bulgaria, NTT DATA Business Solutions will have six globally managed service centers and will operate in 31 countries around the world.
Headquartered in the Bulgarian capital of Sofia, Business Services & Technologies provides digital innovation services through SAP.
NTT DATA ACquires Business Services & Technologies: Executive Insight
Norbert Rotter, CEO, NTT DATA business solutions AG commented:
“European markets require European -based shoring centers and on -site delivery. With this acquisition, we are expanding our shoring offerings to the European Union.”
Lars Janitz, executive vice president and head of global managed services, NTT DATA Business Solutions AG, said:
“We welcome Business Services & Technologies as the newest member of the growing NTT DATA family. The acquisition will further increase scalability and flexibility in our global shoring approach to consulting and managed services and underline our claim of ‘global capabilities – local proximity’. We are very pleased that our excellent cooperation over the past few years is now coming to an end in the procurement process. “
Dragomir Marinov, CEO, Business Services & Technologies, added:
“NTT DATA Business Solutions has always been a trusted and well -performing partner for Business Services and Technology. Acquisition ensures the future of our organization and paves the way for economic growth – in Bulgaria as well as in other European countries and international markets. Management and our 150 employees are already benefiting from access to a wider network and from many new opportunities for their professional development. This fits perfectly with our strategy for growth, combining the international strength of NTT Data Business Solutions with our local presence. “
NTT DATA: Previous Acquisitions
NTT DATA has been busy acquiring IT services and consulting firms responding to cybersecurity, AWS cloud, SAP, ServiceNow and Snowflake business opportunities.
Recently, the company acquired Detroit, Michigan-based digital transformation company Vectorform. You can view a full list of NTT’s recent acquisitions here.