EQS Group-News: SoftwareONE Holding AG / Key word(s): Mergers & Acquisitions 
SoftwareONE acquires ITST, a Brazilian SAP consulting and cloud migration company 
2021-07-16 / 07:00 
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Media Release 
SoftwareONE acquires ITST, a Brazilian SAP consulting and cloud migration company 
Stans, Switzerland I 16 July 2021 - SoftwareONE Holding AG, a leading global provider of end-to-end software and cloud 
technology solutions, today announced that it has acquired ITST, a specialist for professional and managed SAP 
services, including cloud strategy advisory, architecture assessment, migration and administration. ITST is the latest 
in a sequence of SAP in the cloud acquisitions made by SoftwareONE and expands the group's footprint to Latin America. 
Founded in 2000 and headquartered in São Paulo, Brazil, ITST (ITST.com.br) provides comprehensive SAP technology 
services and solutions to some of Brazil's largest SAP customers. This includes advisory services for the optimal 
future architecture of customers' SAP solutions, as well as professional and managed services to help customers 
efficiently and reliably migrate on-premise SAP systems to the cloud and efficiently operate them thereafter. 
Andre Fernandes, Regional Head LATAM said, "I am extremely pleased to welcome ITST to the SoftwareONE family. This is a 
strategic step in building a leading SAP cloud services platform in Latin America and we look forward to a bright 
future together adding value for our customers." 
"Our customers around the world are looking for reliable partners when it comes to moving and running SAP on cloud 
platforms. Through this first SAP-related acquisition in Latin America, ITST will strengthen SoftwareONE's capabilities 
in this strategic growth stream, expanding our capacity to provide customers with first-class solutions and services 
for their SAP journey to the cloud," said Daniel DaVinci, global practice leader, SoftwareONE SAP Services. 
Jairo Pedroza and Fabricio Cordeiro, co-founders of ITST, said "We are delighted to join SoftwareONE and contribute our 
know-how and local insights. SoftwareONE's global SAP practice offers ITST an ideal platform to capture the 
fast-growing market opportunities in Brazil. Our existing customers will benefit from the additional expertise and a 
broader portfolio of solutions and services." 
Both co-founders will join the SoftwareONE SAP Services global practice in leadership roles, focusing on strengthening 
SoftwareONE's SAP-related services in Brazil. 
Over the past 24 months, SoftwareONE has made a number of strategic acquisitions, including ITPC, Optimum Consulting 
and BNW, to form the core of its 27-country SAP presence and cloud delivery capabilities. As a pioneer specialized in 
bringing critical workloads to the cloud, SoftwareONE provides SAP S/4HANA advisory, migration, conversion and platform 
managed services. With over 300 certified consultants offering 10+ years of experience from 600 prior customer 
engagements, the company is a Microsoft Gold Partner and an Azure Expert MSP holding the Microsoft SAP on Microsoft 
Azure Advanced Specialization, an AWS SAP Competency Partner, as well as a SAP Gold Service Partner, SAP Software 
Partner and SAP recognized expert for S/4HANA. 
No financial details or transaction terms have been disclosed. 
CONTACT 
Patrick Zuppiger, Media Relations 
Tel. +41 44 832 82 00, patrick.zuppiger@softwareone.com 
Anna Engvall, Investor Relations 
Tel. +41 44 832 41 37, anna.engvall@softwareone.com 
ABOUT SOFTWAREONE 
SoftwareONE is a leading global provider of end-to-end software and cloud technology solutions, headquartered in 
Switzerland. With an IP and technology-driven services portfolio, it enables companies to holistically develop and 
implement their commercial, technology and digital transformation strategies. This is achieved by modernizing 
applications and migrating critical workloads on public clouds, while simultaneously managing and optimizing the 
related software and cloud assets and licensing. SoftwareONE's offerings are connected by PyraCloud, its proprietary 
digital platform, which provides customers with data-driven, actionable intelligence. With around 7,700 employees and 
sales and service delivery capabilities in 90 countries, SoftwareONE provides around 65,000 business customers with 
software and cloud solutions from over 7,500 publishers. SoftwareONE's shares (SWON) are listed on SIX Swiss Exchange. 
For more information, please visit SoftwareONE.com. 
SoftwareONE Holding AG, Riedenmatt 4, CH-6370 Stans 
CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING INFORMATION 
This media release may contain certain forward-looking statements relating to the group's future business, development 
and economic performance. Such statements may be subject to a number of risks, uncertainties and other important 
factors, such as but not limited to force majeure, competitive pressures, legislative and regulatory developments, 
global, macroeconomic and political trends, the group's ability to attract and retain the employees that are necessary 
to generate revenues and to manage its businesses, fluctuations in currency exchange rates and general financial market 
conditions, changes in accounting standards or policies, delay or inability in obtaining approvals from authorities, 
technical developments, litigation or adverse publicity and news coverage, each of which could cause actual development 
and results to differ materially from the statements made in this media release. SoftwareONE assumes no obligation to 
update or alter forward-looking statements whether as a result of new information, future events or otherwise. 
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End of Media Release 
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Language:     English 
Company:      SoftwareONE Holding AG 
              Riedenmatt 4 
              6370 Stans 
              Switzerland 
Phone:        +41 44 832 41 69 
E-mail:       info.ch@softwareone.com 
Internet:     www.softwareone.com 
ISIN:         CH0496451508 
Valor:        A2PTSZ 
Listed:       SIX Swiss Exchange 
EQS News ID:  1219323 
 
End of News   EQS Group News Service 
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1219323 2021-07-16


 
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(END) Dow Jones Newswires

July 16, 2021 01:00 ET (05:00 GMT)