adesso continues expansions in Austria by acquiring the IT consulting company CFC Informationssysteme

Dortmund/Vienna, 20 November 2009 – By acquiring CFC Informationssysteme adesso targeted complements its existing portfolio in Austria by the service of IT consulting. The company from Vienna with 14 members of staff will be integrated into the Austrian subsidiary adesso Austria which takes over CFC by 100 percent. After only a short time since market entry, adesso Austria is now able to offer large parts of the adesso portfolio. After the takeover, the total sales figures of adesso Austria amount to 6 million EUR. The company then ranks among the major independent IT services providers in its country.

CFC’s business is to consult on the interfaces between business logics and processes as well as on the transfer of these logics and processes to IT systems. Customers of CFC are, among others, UNIQA Versicherungen AG, the IT service providers of Sozialversicherung GmbH and Gewerkschaft der Privatangestellten. adesso Austria and CFC have worked together in projects before. The supplementary competencies of both companies will henceforth be consolidated and the companies will operate under the name of adesso Austria. Graduate engineer Thomas Zellinger, the founder and manager of CFC, completes the management team of adesso Austria in Vienna. Zellinger has valuable network and business contacts in Austrian economy.

”Our customers will profit from the large portfolio of the adesso group which opens up to us by the integration of our company” explains Thomas Zellinger. ”The international experience and the competent knowhow of adesso in optimizing business processes in its core industries, help us to offer our customers profitable added values. “

The purchase price amounts to 2.25 million EUR plus results-based properties which are dependent on the development of the upcoming business year. The main tasks in Austria now consist of integrating the two companies and pursuing the strategy of organic growth.

“By means of adding CFC’s consulting competencies and its industry-specific knowhow adesso Austria consistently continues its growth strategy”, comments Dr. Rüdiger Striemer, member of the adesso Executive Board. “The extension of our services will provide a basis for developing new markets in the future.”