Fujitsu Services, a leading European IT services company, is still on the look out for development opportunities in Europe following an unsuccessful offer for French IT services group GFI.
The CEO of Fujitsu Services David Courtley recently said, “Our strategy continues to be based on both organic growth and acquisition in the principal European markets. The recent success in winning significant contracts including Allianz, following the acquisition of a majority stake in German IT services provider TDS, demonstrates early evidence of the success of this strategy.”
His comments come on the back of an unsuccessful tender offer by Fujtisu Services for French IT services group GFI. Less than Fujitsu Services’ minimum level of 66.67% of the shares had been tendered into the offer and as a result Fujitsu will not own shares in GFI.
Fujitsu Services is a leading IT services company that provides a whole range of IT solutions to both the private and public sectors throughout Europe. Core services include managed desktop services, IT outsourcing, systems integration and IT consulting. Fujitsu places particular emphasis on its customer service and on building long-term relationships with its clients.
As well as its European expansion plans, Fujitsu Services is currently involved in large ongoing bids for IT outsourcing projects in Sweden and the UK. The company posted record profits for 2006/07 with total equity increasing by 83% and pre-tax profits jumping to £172m from an original level of £154.3m.
For more information about Fujitsu Services and IT outsourcing visit www.fujitsu.com/uk