Fujitsu Consulting will pay an undisclosed sum for the target company which has 50 employees specializing in operational strategy, business process transformation, and performance optimization. Its full-year 2006 revenue was CAD 6.3m ($6.5m), and it undertakes approximately 400 projects a year for clients in the Quebec area.
Promaintech Novaxa will form the core of a new division within Fujitsu Consulting focused on business process optimization and implementation services.
The takeover is Fujitsu Consulting’s seventh in the last three years. Previous targets include US software-as-a-services specialist OKERE, 2,000-strong consulting firm Rapidigm, Greenbrier & Russel of Chicago, Montreal-based GIM Risk Management, Minneapolis-based BORN Information Services, and Dallas-based Cendera Technologies.
Fujitsu is committing significant resources towards expanding its international IT services operations in order to offset slow growth in its domestic market. The group’s European services unit, Fujitsu Services, recently launched an $80m takeover bid for Swedish target Mandator having failed earlier this year with a $570m offer for French integrator GFI Informatique.
