25th Anniversary Blog Series – itelligence Buys SAP Based Business in North America from Software AG (2013)

Effective January 16, 2013, itelligence purchased the operational areas of SAP consulting, license and maintenance for Software AG in Canada and the U.S. With this step, itelligence U.S. expanded geographically into the Ontario region of Canada and broadened the company’s U.S. customer base, taking over the majority of approximately 50 Software AG employees. Commenting on the importance of this transaction, Norbert Rotter, CFO for itelligence AG, said, “The acquisition of the former IDS Scheer business of Software AG is a unique opportunity to increase our market share and strengthen our recurring business.” Steve Niesman, CEO and President of itelligence U.S., added, “Among Software AG customers are clients in the automotive, CPG and manufacturing industries, as well as young dynamic start-ups in the region. These customers will profit not only from a proven SAP leading partner, but also from the extensive service portfolio of itelligence.” As part of this expansion, itelligence opened a new branch in Toronto for the English-speaking Canadian market.

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