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Fujitsu acquires Rapidigm

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CIOL Bureau
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EDISON, NJ, and PITTSBURGH, PA: Fujitsu Consulting Inc. will acquire Rapidigm Inc., a Pittsburgh, PA-based privately-held information technology consulting and integration firm with offices in 22 major metropolitan markets in the United States and offshore development centers in India.

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Both the companies have entered into a definitive agreement. The transaction is expected to close within 45 days, subject to various closing conditions and regulatory clearance, the companies said in a statement.

The addition of Rapidigm will significantly increase Fujitsu's national IT consulting and integration capacity — which is focused on application development, deployment and management — and will provide incremental offshore delivery capabilities.

Key skill areas for Rapidigm include Enterprise Resource Planning (ERP), with practices dedicated to SAP, Oracle and PeopleSoft, business intelligence and custom application development.

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“With the addition of Rapidigm, Fujitsu Consulting has now raised the bar on our ability to address evolving customer requirements with on-shore, near-shore and off-shore delivery capabilities,” said John Rose, CEO of Fujitsu Consulting.

Lew Wheeler, CEO and chairman of Rapidigm said, “Rapidigm's ERP expertise, market coverage and support services are complementary to that of Fujitsu. This gives customers of both companies access to increased consulting expertise and more delivery options.”

Once completed, this acquisition will add approximately 1200 US-based consultants in major markets through the US and another 800 India-based consultants in two developments centers. This will bring the total number of Fujitsu Consulting consultants in North America to over 4900.

Rapidigm's senior leadership team will remain with Fujitsu Consulting in executive-level positions and will continue to provide day-to-day operational leadership. Rapidigm consultants will remain within their current assignments, providing clients with the assurance of continuity on existing projects.

The financial terms of the acquisition were not disclosed.

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