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FPT acquires German technology company, promoting digital transformation in energy industry

FPT has just completed the acquisition of David Lamm Consulting – a prestigious IT consulting company in the German energy industry, affirming the Group’s commitment to expanding its operations in Germany and Europe. At the same time, this is also a strategic step to help FPT improve its capacity to provide digital solutions and services to businesses in the energy sector – one of the important segments contributing nearly 50% to FPT’s revenue in the European market.

Việt NamViệt Nam04/05/2025

FPT representative and David Lamm Consulting representative at the M&A signing ceremony

FPT representative and David Lamm Consulting representative at the M&A signing ceremony

With strengths in UI/UX design, integration, full-stack development, SAP integration and customer information management systems, David Lamm Consulting will play an important role in helping FPT increase its competitive advantage in providing specialized solutions for the energy sector in the German and European markets. At the same time, based on its project implementation capacity and extensive network on a global scale, FPT will continue to undertake David Lamm Consulting's existing projects, ensuring continuity and high quality for customers.

“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. Our extensive expertise, practical experience and highly qualified workforce in more than 30 countries will help drive innovation and deliver sustainable, trend-setting solutions to address complex challenges for businesses around the world ,” said 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 strong 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 carried out M&A deals as a strategic move to strengthen its capacity, develop its customer network and increase its global presence. FPT's acquisition of RWE IT Slovakia in 2014 marked the first time a Vietnamese IT company conducted M&A overseas.

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).

Source: https://fpt.com/vi/tin-tuc/tin-fpt/fpt-thau-tom-cong-ty-cong-nghe-duc


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