NTT Data, 5th largest IT services firm in the world according to Forbes or 6th according to Gartner, and 54% owned by NTT Corp, Japan’s largest telecommunications company, has been on another shopping trip overseas. Having bought US IT Services firm Keane and Intelligroup in 2010, Italy’s Value Team in 2011 and UK based RMA Consulting in 2012, it has just announced it has acquired Spanish IT group Everis Spain SLU for around $500m, to help with expansion in Latin America.
Total acquisitions since 2005 tot up at 20 deals totaling 250 billion yen or so according to the Nikkei. Apparently it’s now looking at acquisitions in Taiwan, South Korea and the Philippines to help it to break into the Top 5.
NTT Data’s sister company NTT Communications (long-distance & international communications and ICT solution provider) is also actively acquiring, announcing the acquisiton of US based Virtela Technology Services, a leading global managed and cloud network services company a couple of days ago.
Organisationally, it looks a mess to me. South Africa based IT services multinational Dimension Data was acquired by the parent company NTT Corp in 2010 in and still preserves some kind of autonomy and its name, whereas NTT Data is trying to reinforce a unified global branding for all its subsidiaries. Will any target customer really care that all these IT solutions providers belong to different bits of the NTT group of companies, and isn’t there a high likelihood they are going to end up pitching for the same business – given that they are all converging on IT solutions and cloud provision?
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