IBS acquires French company
Press Release Mar 28, 2001
IBS France has acquired 50% of the shares in J.P. Services S.A., with offices outside Paris. The company is specialized in server and network solutions based on IBM iSeries and on professional services for Lotus Notes and IBM's development platform, WebSphere.
The acquisition of J.P. Services is part of IBS France's strategy to further strengthen the company's position as a one-stop-shop supplier of business software, professional services, and server and network solutions based on new technology. Following the acquisition, IBS now has approximately 210 employees in France.
J.P. Services has experienced considerable growth since being established in 1997. Year 2000 revenue amounted to around $5 million. The company is profitable and is well-reputed on the French market. The seller is the founder of the company, Jean-Paul Poirot, who will continue as Managing Director.
"IBS' French operations have shown a steady and positive development trend for many years now. Through the acquisition of J.P. Services, we now extend our range to cover also network solutions and WebSphere technology", says Staffan Ahlberg, CEO of the IBS Group.
About International Business Systems
IBS is a leading provider of business software and consulting services for Wholesale Distributors and Manufacturers worldwide. Customers rely on IBS' suite of software applications to automate demand-driven, supply-chain processes and gain a competitive advantage through improved operational efficiencies. IBS is an IBM Global Strategic Alliance Partner. Corporate revenues exceed $300 Million, and a network of almost 2,000 employees that span over 44 countries. IBS headquarters in the Americas is located in Folsom, California.
For further information, please contact:
Dan J. Wells
Vice-President of Marketing, IBS Americas
Tel: 1 (800) 886-3900
dan.wells@ibsus.com
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