NTT Data’s a bridgehead to Brazil and South America
Value Team SpA serves about 300 clients with about 3000 professionals
On April 25, 2011, NTT Data announced the acquisition of 100% of shares of Value Team SpA via the subsidiary NTT Data Europe GmbH & Co KG for about € 250 million.
Value Team SpA
Founded in 2004 as part of Value Partners to offer business oriented IT services, and grew via acquisitions in Brazil and in Italy.
In 2010, with about 3000 professionals served about 300 clients in the telecommunications, financial services and manufacturing sectors, and achieved € 308 million in revenues.
NTT Data, a subsidiary of Japan’s incumbent telecommunications group NTT, has been growing successfully around the globe with a series of acquisitions, including:
- itelligence AG (“We make the most of SAP solutions!”) of Germany
- BMW’s former IT Group, Cirquent
- Value Team SpA
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