Atos Origin has acquired Shanghai Covics Business Solution Ltd, a leading Chinese SAP consultancy integrator. The move marks the first acquisition carried out by Atos Origin in China.
Through the deal Atos Origin hopes to reinforce its capability across SAP systems in China, notably in Beijing, Shanghai and Guangzhou. In addition, it will be able to double the number of its local experienced SAP consultants.
Herbert Leung, CEO Atos Origin in Asia Pacific, said: “The acquisition is no doubt a strategic move to sharpen our competitiveness of delivering SAP implementations complying with the highest SAP quality standards in China. This is also in line with our aim to use our China SAP operations as a major SAP Competency Centre across the Asia-Pacific region.”
After the acquisition, Shanghai Covics will be wholly owned by Atos Origin. Retaining the company name, Shanghai Covics will continue carrying on its business while Atos Origin reviews its operations and synergies during the transition period.