SoftwareONE acquires Optimum Consulting, a market-leading SAP cloud technology expert in the United States

EQS Group-News: SoftwareONE Holding AG / Key word(s): Acquisition
12.01.2021 / 07:00

Media Release

SoftwareONE acquires Optimum Consulting, a market-leading SAP cloud technology expert in the United States

Stans, Switzerland, 12 January 2021 - SoftwareONE Holding AG, a leading global provider of end-to-end software and cloud technology solutions, today announced that it has acquired Optimum Consulting, an SAP-certified technology consulting company. Optimum Consulting provides solutions and managed services for customers seeking to migrate and efficiently run their SAP environment in the public cloud. The acquisition expands and strengthens SoftwareONE's global SAP cloud capabilities in the United States.

Founded in 2015 and headquartered in Louisville, Kentucky (USA) and with operations in India, Optimum Consulting (www.optimumconsulting.us) provides comprehensive SAP-related services and solutions mainly to US customers, some of which with global operations. This ranges from consulting to implementation and managed services in the digital transformation journey of SAP on-premise solution to SAP S/4HANA run on public cloud hyperscale platforms, such as Microsoft Azure, Amazon Web Services (AWS) and Google Cloud.

Ashley Gaare, President of North America, said "We welcome Optimum's over 50 SAP technology experts, who will significantly strengthen and extend our SAP cloud capabilities in the United States. Joining forces with our global SAP technology practice team we will help drive customers' business transformation from on-premise to the cloud, an area where we see accelerated growth over the next couple of years."

"Through this acquisition SoftwareONE continues to build out its worldwide SAP services capability - now enabled in over 27 countries - to meet today's rising needs of customers for efficient SAP solutions. SoftwareONE addresses their challenges and is supporting them in adopting optimal hyperscaler platforms and S/4HANA," according to Daniel DaVinci, global owner of SoftwareONE's SAP services business.

Larry Rodgers, CEO of Optimum Consulting, said "We are excited about joining SoftwareONE, which offers both our customers and employees great opportunities. Together with SoftwareONE's global practice, we will be able to amplify our capabilities, empowering our customers to adopt S/4HANA in the cloud, and subsequently ensuring continued reliability through our managed service offering."

Larry Rodgers will join SoftwareONE's global SAP services practice in a leadership role. Together with his team, he will strengthen SoftwareONE's global SAP practice - an area of strategic importance.

No financial details or transaction terms have been disclosed.


CONTACT

Panthea Derks, Media Relations
Tel. +41 44 832 82 03, panthea.derks@softwareone.com

Anna Engvall, Investor Relations
Tel. +41 44 832 41 37, anna.engvall@softwareone.com


ABOUT SOFTWAREONE

SoftwareONE is a leading global provider of end-to-end software and cloud technology solutions, headquartered in Switzerland. With capabilities across the entire value chain, it helps companies design and implement their technology strategy, buy the right software and cloud solutions at the right price, and manage and optimize their software estate. Its offerings are connected by PyraCloud, SoftwareONE's proprietary digital platform, that provides customers with data-driven, actionable intelligence. With around 5,800 employees and sales and service delivery capabilities in 90 countries, SoftwareONE provides around 65,000 business customers with software and cloud solutions from over 7,500 publishers. SoftwareONE's shares (SWON) are listed on SIX Swiss Exchange. For more information, please visit SoftwareONE.com.

SoftwareONE Holding AG, Riedenmatt 4, CH-6370 Stans


CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING INFORMATION

This media release may contain certain forward-looking statements relating to the group's future business, development and economic performance. Such statements may be subject to a number of risks, uncertainties and other important factors, such as but not limited to force majeure, competitive pressures, legislative and regulatory developments, global, macroeconomic and political trends, the group's ability to attract and retain the employees that are necessary to generate revenues and to manage its businesses, fluctuations in currency exchange rates and general financial market conditions, changes in accounting standards or policies, delay or inability in obtaining approvals from authorities, technical developments, litigation or adverse publicity and news coverage, each of which could cause actual development and results to differ materially from the statements made in this media release. SoftwareONE assumes no obligation to update or alter forward-looking statements whether as a result of new information, future events or otherwise.


End of Media Release

Language: English Company: SoftwareONE Holding AG Riedenmatt 4 6370 Stans Switzerland Phone: +41 44 832 41 69 E-mail: info.ch@softwareone.com Internet: www.softwareone.com ISIN: CH0496451508 Valor: A2PTSZ Listed: SIX Swiss Exchange EQS News ID: 1159815
  End of News EQS Group News Service

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