FPT acquires German technology company: Launch pad for digital transformation in energy industry

This is a strategic move to help FPT improve its ability to provide digital services to the energy sector – a sector that accounts for nearly 50% of the group’s revenue in Europe. With strengths in UI/UX, SAP integration, full-stack development and customer information management, David Lamm Consulting will help FPT increase its competitive advantage in Germany and Europe. FPT will also take over the company’s current projects, ensuring continuity and quality of global services.

FPT representative and David Lamm Consulting representative at the M&A signing ceremony (Source: FPT)

“ This transaction will help FPT increase its technological capabilities, consulting capabilities and competitive advantages, further strengthening its position as a strategic partner for energy companies across Europe and globally. With our expertise, practical experience and high-quality human resources in more than 30 countries, we will help promote innovation and bring sustainable solutions, leading the trend, ” said Mr. Nguyen Khai Hoan, Deputy General Director, Chief Financial Officer and CEO of FPT Software, FPT Corporation.

Previously, since October 2024, the two sides have cooperated to develop innovative solutions in the fields of energy production, distribution and sustainable development.

With more than 16 years of operation in the European market, FPT has established a presence in 9 countries and become a trusted digital transformation partner of more than 150 leading European enterprises. FPT accompanies many big names in various fields, including energy, automobiles, healthcare , finance - banking... such as E.ON, Schaeffler, Viessmann, Covestro, Volvo and Siemens.

Since 2014, FPT has continuously carried out strategic mergers and acquisitions (M&A) to expand its capacity and global presence. The first was the acquisition of RWE IT Slovakia in 2014 – the first milestone for a Vietnamese IT company to conduct M&A abroad.

In the following years, FPT continued to make its mark with a series of other important deals such as acquiring a majority stake in Intellinet in 2018; strategic investment in LTS Inc. in 2022; strategic investment in Landing AI and acquiring the IT services division of Intertec International, acquiring Cardinal Peak and AOSIS in 2023. Most recently, FPT acquired Japanese IT services company Next Advanced Communications (NAC).

Thanh Tra

Source: https://vtcnews.vn/fpt-thau-tom-cong-ty-cong-nghe-duc-be-phong-chuyen-doi-so-nganh-nang-luong-ar941487.html