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Mon 22 Oct 2007 05:11 PM

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HP acquires Atos Origin Middle East

Purchase will enable it to broaden its consulting and integration capacity in the region, company said.

HP has today announced that it has signed a definitive agreement to acquire Atos Origin Middle East group (AOME) for an undisclosed sum.

In a statement, HP said that the purchase of AOME, a leading systems integrator in the Middle East, would enable it to broaden its consulting and integration capacity in the region.

Bahrain-headquartered AOME employs more than 450 people in the region primarily in its offices in Saudi Arabia, Bahrain, the UAE, Qatar and Libya, and is a leading regional 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 at HP.

"In addition, AOME's proven ability to design, deploy and support large-scale enterprise resource planning systems based on SAP will help us capitalize on this fast-growing market."

HP said the purchase will help it in three areas: enhancement of its SAP capabilities in the region; reinforcement of its expertise in the public sector, and oil and gas sector; and extension of its geographic presence into Libya and Qatar.

Ferras Zalt, CEO at AOME commented that the move would give AOME the ability to have better technical support, and enable it to compete for larger infrastructure projects in the region.

The transaction, which is subject to customary closing conditions, is expected to be complete in November.

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