Swisscom IT Services Division Expands SAP Operations
November 22 2011 - 4:37AM
Dow Jones News
Swisscom AG (SCMN.VX) Tuesday said it is acquiring the EFP Group
and the Cirrus Group and integrating the two into its existing SAP
services division.
MAIN FACTS:
- The acquisitions will allow Swisscom IT Services to further
develop its expertise in the public administration, trade and
industry, transport, and energy supply sectors.
- Bruno Schmid will remain in place as cheif executive of the
SAP services division, which now has a workforce of around 420.
- The SAP services unit is expected to generate revenue of more
than CHF120 million in the coming year.
-Zurich Bureau, Dow Jones Newswires, +41 43 443 80 47;
zurichdjnews@dowjones.com
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