EQS Group-News: SoftwareONE Holding AG / Key word(s): Mergers & Acquisitions
SoftwareONE to acquire SE16N, a leading SAP cloud technology expert in Eastern Europe
Stans, Switzerland I 20 July 2021 - SoftwareONE Holding AG, a leading global provider of end-to-end software and cloud technology solutions, today announced that it will acquire SE16N, a leading SAP technology service provider and SAP S/4HANA specialist. SE16N provides a range of comprehensive SAP cloud services to help customers maximize the value of their SAP investments. The acquisition further strengthens SoftwareONE's fast-growing SAP practice in Europe and globally, adding a team of skilled SAP cloud experts and significant delivery capabilities.
Founded in 2013 and headquartered in Warsaw, Poland, SE16N (SE16N.com) specializes in the provision of SAP technology services, including manage hosting and development, to help customers in their digital transformation journey from on-premise to SAP in the public cloud. With a strong reputation for cloud acumen, the vast majority of SE16N's approximately 60 employees are multi-certified in Azure, AWS and GCP competencies. The company is a Microsoft Gold Partner, an AWS Advanced Consulting Partner with SAP Competency and also recently joined the AWS Migration Acceleration Program (MAP) for SAP.
Reinhard Waldinger, Regional Head EMEA, said "We are delighted to welcome SE16N to SoftwareONE. The company's in-depth SAP expertise and delivery capabilities complement our existing SAP business well and put us in an even stronger position to meet the fast-growing needs of European, as well as global, SAP customers as they adopt S/4HANA and move workloads onto cloud platforms."
"SE16N is now coming together with SoftwareONE to join our cloud-native global platform. With its unrivalled reputation, SE16N will be pivotal in further expanding our global SAP services practice, thereby fueling our public cloud partner programs, including the strategic Microsoft agreement announced in March 2021. As the SAP services market continues to demonstrate exceptional growth, SoftwareONE will be well-positioned with over 300 skilled SAP cloud specialists globally," said Daniel DaVinci, global practice leader SoftwareONE SAP Services.
Tomasz Brzozowski, President and co-founder of SE16N, added "Our successful journey has been driven by our focus on delivering high quality services to our clients. Joining SoftwareONE marks an exciting next step, offering great opportunities for both our existing customers and our employees."
SE16N's current leadership team and employees will join and be fully integrated into the SoftwareONE SAP Services practice.
Over the past 24 months, SoftwareONE has made a number of strategic acquisitions, including ITST, ITPC, Optimum Consulting and BNW, to form the core of its 27-country SAP presence and cloud delivery capabilities. As a pioneer specialized in bringing critical workloads to the cloud, SoftwareONE provides SAP S/4HANA advisory, migration, conversion and platform managed services. With over 300 certified consultants offering 10+ years of experience from ~600 prior customer engagements, the company is a Microsoft Gold Partner and an Azure Expert MSP holding the Microsoft SAP on Microsoft Azure Advanced Specialization, an AWS SAP Competency Partner, as well as a SAP Gold Service Partner, SAP Software Partner and SAP recognized expert for S/4HANA.
No financial details or transaction terms have been disclosed. The transaction is expected to close in the second half of 2021.
Patrick Zuppiger, Media Relations
Anna Engvall, Investor Relations
SoftwareONE is a leading global provider of end-to-end software and cloud technology solutions, headquartered in Switzerland. With an IP and technology-driven services portfolio, it enables companies to holistically develop and implement their commercial, technology and digital transformation strategies. This is achieved by modernizing applications and migrating critical workloads on public clouds, while simultaneously managing and optimizing the related software and cloud assets and licensing. SoftwareONE's offerings are connected by PyraCloud, its proprietary digital platform, which provides customers with data-driven, actionable intelligence. With around 7,700 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
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.
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SoftwareONE Holding AG
+41 44 832 41 69
SIX Swiss Exchange
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