Deal between Software AG and itelligence AG sealed
itelligence buys IDS Scheer Hungary Kft. from Software AG in Hungary
Budapest, August 30, 2013 – Effective August 31st, 2013, itelligence, the leading IT Full
Service Provider in the SAP sphere, will take over from Software AG the business areas SAP
Consulting, SAP Licensing and SAP Maintenance, core business products of Software AG,
as well as Outsourcing, in Hungary, the Czech Republic and Slovakia.
In Hungary itelligence will expand its Consulting business and its Maintenance offerings.
itelligence will be the exclusive reseller partner of Software AG in Hungary, along with the
product related consulting offerings.The successful SAP consulting house itelligence thus
expands its overall presence in Eastern Europe, and through the takeover of the Hungarian
business of Software AG, will also significantly enlarge its customer base in Hungary.
István Pótsa, Managing Director at itelligence Hungary: “We are delighted to be strengthened
through this acquisition, and will now be able to offer our customers more and broader
services locally, and make available to them an even more comprehensive IT Consulting
The sale price is subject to an agreed obligation of confidentiality.
itelligence is one of the leading international full-service providers of solutions in support of
SAP solutions, employing more than 2,800 highly qualified employees in 22 countries and in
five regions (America, Asia, Western Europe, Eastern Europe and
Germany/Austria/Switzerland). As a frequently awarded SAP partner, among others global
value-added reseller, SAP Certified in Cloud Services and SAP Gold Partner Business
ByDesign, itelligence realizes complex projects in the SAP solution-based environment for
over 5,000 customers worldwide. In 2006, itelligence obtained gold-level status as an SAP
channel partner as part of the SAP PartnerEdge™ program in Germany, and in the U.S. in 2007.
The company’s services in support of SAP solutions range from consulting and licensing to
application management services and outsourcing & services to proprietary industry-specific
SAP. In 2012, itelligence generated total sales of EUR 407.1 million. itelligence is “Top