FPT buys 80% of French technology consulting company

On December 6, FPT announced the purchase of 80% of the shares of AOSIS, a technology consulting company based in France. Thus, in less than a year, FPT has consecutively acquired 4 technology companies worldwide.

The signing ceremony between the two parties took place in Paris, France with the participation of CEO of FPT Software (a member company of FPT) Pham Minh Tuan and CEO of AOSIS Pascal Janot (second row, left).

The deal is part of FPT's strategy to expand its global presence and especially to make a mark on its technological competitiveness in Europe, aiming to expand business opportunities and customer groups in this market.

With the joining of AOSIS, FPT will expand its customer base and business opportunities, enhancing its capabilities in SAP, Data, Cloud and smart solutions for businesses focusing on the Aerospace, Aviation and Transportation sectors.

This deal also adds to FPT hundreds of technology experts who understand the French market in particular and Europe in general. AOSIS's 4 offices will join FPT's global presence network.

Mr. Pham Minh Tuan, General Director of FPT Software said: “Over the past 10 years, FPT has continuously strengthened its core competencies, consolidated its position in strategic markets as well as expanded its cooperation with customers, through M&A deals with leading consulting and technology companies in the world. With its reputation in the data technology sector in France, the advantage of owning a team of high-quality experts and resources, AOSIS will be an extension to help FPT strengthen and promote its capacity to provide end-to-end solutions and accompany customers in the digital transformation journey in Europe and globally”.

“AOSIS is a specialist company in the field of Data, we want to expand our cooperation with larger customers. In parallel with FPT’s need to increase its presence, we are working together to promote business development first in Toulouse, and then throughout France. I expect that the cooperation will allow both parties to reach more customers in and outside France, together maintaining AOSIS’s core values and commitment to citizenship, ecology and sport,” said Pascal Janot, CEO of AOSIS.

This is a combination of expertise and personalized service between the two sides. On one side is the AOSIS engineering team that has participated in the research and development of many successful products. On the other side is the resource of nearly 30,000 IT engineers operating in 29 countries around the world.

Present in the French market since 2008, FPT has 400 experts working in Paris, Toulouse, Sophia Antipolis, serving many customers in fields and industries such as Big Data, AUTOSAR, SAP, Cloud services. The company's technological capacity is affirmed through cooperation with major customers such as Airbus, Geopost and Quandient. The company also entered the Top 100 ICT Companies in France last October.

Europe is currently one of FPT's largest markets abroad, with a system of 10 offices across Germany, France, England, Denmark, Slovakia, Romania...

AOSIS was founded in 2010 in Toulouse, France by a group of SAP experts. The company's first activity was software development (BIRD). Currently, AOSIS provides consulting and technology services in the fields of Business Intelligence, data science, big data and data management, and training and software.

Since 2014, FPT has continuously carried out mergers and acquisitions with leading technology companies in the world. FPT's first M&A deal was to buy RWE IT Slovakia (a member company of Europe's leading energy group - RWE) to expand its customer base in public infrastructure and was also the first M&A deal in the field of information technology in Vietnam in a foreign market.

In 2018, FPT acquired 90% of Intellinet, the fastest growing digital transformation consulting company in the US.

In 2022, FPT will make a strategic investment in LTS, Inc., a company in the Top 20 consulting, business administration and digital transformation companies in Japan.

In 2023, FPT expanded its presence in the US by acquiring the entire technology services division of Intertec International. Last October, FPT announced that it had become a major investor in Landing AI - a leading US computer vision and AI software company. In December, FPT announced the acquisition of Cardinal Peak, a 20-year-old technology engineering services company in the North American market.

Mergers and acquisitions play an important role in FPT's global strategy and contribute to achieving the goal of achieving 1 billion USD in revenue from IT services for foreign markets by the end of 2023 and being in the Top 50 global technology companies by 2030.

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