Hewlett-Packard to buy Atos Middle East |
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Mon, 22 Oct 2007 11:31
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NEW YORK (AP) - Computer, printer and business software maker Hewlett-Packard Co. said Monday it will buy Middle Eastern systems integrator Atos Origin Middle East, or AOME, in a move to broaden its consulting and integration capacity in the region.Financial terms weren't disclosed.AOME, an independent group of companies headquartered in Bahrain, employs more than 450 people in its offices in Saudi Arabia, Bahrain, the United Arab Emirates, Qatar and Libya, and is the region's leading implementer of SAP projects.'The Middle East is one of our fastest-growing markets and this acquisition expands our ability to better service the needs of our customers,' said Ken Willett, vice president and managing director, Middle East, Mediterranean and Africa, for HP.The acquisition is expected to boost the company's SAP capabilities in the Middle East, grow HP's expertise in the public sector and oil and gas market segments, and extend HP's geographic presence into Libya and Qatar.AOME Chief Executive Ferras Zalt said merging with HP's professional services team gives AOME global technical support, the financial strength to better support clients, and allows the company to compete for large infrastructure projects in the region.The deal is expected to close in November, subject to customary closing conditions.Copyright 2007 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
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