FPT buys majority stake in AOSIS, broadens European footprint
PARIS, FRANCE — Vietnamese technology service provider FPT Corporation (FPT) announced its purchase of an 80% stake in French information technology (IT) firm AOSIS Consulting (AOSIS), in a move to stretch its customer base in the European market, strengthen delivery competencies, and expand business opportunities.
The investment will allow FPT Software, FPT’s tech arm, to utilize AOSIS’ expertise in SAP, data, cloud, and business intelligence solutions, focusing on the aerospace, aviation, and transportation sectors.
During the integration process with FPT’s extensive service offerings, existing clientele, global workforce, and operations, AOSIS will remain an independent entity.
“This acquisition significantly bolsters our hundreds of technology experts who have a deep understanding of the French and broader European market. AOSIS’s four offices will join FPT’s global network,” FPT Software chief executive officer Pham Minh Tuan said.
AOSIS, founded in 2010, has a manpower of 100 people working in four different locations and providing services in business intelligence, data science, big data and data governance, training, and software.
FPT has been ramping up its European presence since it first stepped foot in the market in 2008. Over the years, it has built a formidable foothold in Paris, Toulouse, and Sophia Antipolis by populating it with 400 experts. Founded in 1988, FPT offers big data, AUTOSAR, SAP, and cloud services to the aforementioned European markets.
This acquisition marks another step in FPT’s massive expansion activities in Europe. Currently, it has a network of 10 offices across Germany, France, the UK, Denmark, Slovakia, and Romania.
In May, FPT software partnered with IONITY, a German high-power charging station network for electric vehicles. Outside of Europe, FPT Software acquired the IT services division of American firm Intertec International in February.
