FPT, a Hanoi, Vietnam-based technology service provider, acquired a majority stake in the French IT consulting firm Aosis, based in Toulouse, France.
The strategic initiative will fortify FPT’s delivery competencies, expand business opportunities, and broaden its customer base in this market.
Through the investment, FPT and its tech subsidiary, FPT Software, will leverage Aosis’s prowess in SAP, Data, Cloud, and Business intelligence solutions, with a focus on the aerospace, aviation, and transportation sectors.
Aosis will remain an independent entity while undergoing integration with FPT’s extensive service offerings, existing clientele, global workforce, and operations.
Created in 2010 by SAP experts and led by CEO Pascal Janot, Aosis currently represents around 100 people working in 4 different locations and providing services in Business Intelligence, data science, big data and data governance, Training, and Software.
Led by Pham Minh Tuan, CEO, FPT Corporation is a globally leading technology and IT services provider, which operates in three core sectors: Technology, Telecommunications, and Education. During over three decades of development, FPT has constantly provided products to people and business and non-business organizations worldwide. The company has developed the Made-by-FPT ecosystem of services, products, solutions, and platforms, which enables sustainable growth for organizations and businesses and offers distinctive experiences to customers.
In 2022, FPT recorded a total revenue of US$1.87 Billion and 60,000+ employees.
Prior to this acquisition, FPT initiated its M&A venture with RWE IT Slovakia, a subsidiary of European energy giant RWE, making it the first overseas M&A deal of a Vietnamese IT company. This was followed by an acquisition of a 90% stake in the US-based digital transformation consultancy Intellinet in 2018.
FinSMEs
06/12/2023