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Saturday, June 22, 2024

FPT acquires dominant stake in French IT firm

The Saigon Times

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HCMC – FPT Corporation has made a strategic move by acquiring an 80% stake in the French information technology (IT) consulting firm AOSIS, setting up a solid foothold in Europe.

This acquisition allows FPT and its subsidiary, FPT Software, to tap AOSIS’s expertise in data, cloud, and business intelligence solutions, particularly in the aerospace, aviation, and transportation sectors.

With over 100 skilled professionals and four offices of AOSIS joining FPT’s network, the Vietnamese IT giant’s ability to deliver services to the French and European markets is set to significantly improve.

While AOSIS will continue to operate independently, it will also integrate with FPT’s extensive service offerings, global workforce, and operations.

Pham Minh Tuan, CEO of FPT Software, said, “We welcome AOSIS to the FPT family and aim to utilize their esteemed reputation in the French data market, industry expertise, and local resources to accelerate our growth, enhance our resilience, and provide end-to-end solutions to accompany our customers’ digital transformation.”

FPT has been operating in France since 2008, employing over 400 experts across Paris, Toulouse, and Sophia Antipolis. The company’s technological expertise is evident through its strategic partnerships with industry leaders like Airbus, Geopost, and Quadient. Recently, its French subsidiary secured a place in the Top 100 information and communications technology (ICT) companies in France.

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