euro adhoc: S&T System Integration&Technology Distribution AG
Mergers - Acquisitions - Takeovers
S&T Purchases IT Activities of T-Systems Turkey S&T takes over the IT and SAP activities

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11 September 2006. Austria - Turkey. Following the takeover of Unitis in Hungary last week, S&T System Integration & Technology Distribution AG has announced that it is to purchase the IT and SAP activities of T-Systems Turkey, further expanding its region-wide SAP presence.

The main purpose of the acquisition for S&T is that it will enable the company to upgrade its Managed Services and Business Solutions activities and expand its SAP business in Turkey. S&T intends to use the takeover to further strengthen its presence in this growing IT market.

T-Systems Turkey is one of the leading ICT providers in the country and has a customer base which includes both renowned Turkish and international companies from the automobile and manufacturing industries. The takeover will bring the number of S&T employees in Turkey to over 70.

"This takeover means that we can now offer our customers in Turkey the full range of S&T services, although the main focus will continue to be on telecoms and the manufacturing industry. The IT and SAP activities of T-Systems Turkey are a fantastic addition to our existing infrastructure activities," said Christian Rosner, CEO of S&T AG.

The parties have agreed to keep details of the transaction confidential.

About S&T - www.snt.at - XETRA VIENNA: SNT With some 2,100 employees S&T is the leading provider for IT solutions and services for customers in Central and Eastern Europe. The company develops and implements custom-tailored IT solutions for large and medium-sized telecommunications companies, banks, power utilities, manufacturing companies and public institutions. Through our subsidiaries in 19 countries we realise cross-border IT structures, offering our clients outstanding solutions and service competence.

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ots Originaltext: S&T System Integration&Technology Distribution AG
Im Internet recherchierbar: http://www.presseportal.de

Further inquiry note:
Christian Rosner                         Irene Preißler
Chief Executive Officer             Corporate Communications
T: +43 (0)1 367 80 88                 T:  +43 (0)1 367 80 88-1029
Christian.Rosner@snt.at              Irene.Preissler@snt.at

Geiselbergstrasse 17-19
1110 Vienna

Branche: Computing & Information Technology
ISIN:      AT0000905351
Index:    WBI, ATX Prime
Börsen:  Wiener Börse AG / official market

Weitere Meldungen: S&T AG

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