ALTEN Group Announces Strategic Acquisition of cPrime Inc. in USA
PARIS and SAN FRANCISCO, December 10, 2014 /PRNewswire/ --
cPrime Looks Forward to a Bold New Era After This Strategic Merger
ALTEN Group, the €1.2 billion European leader in Technology Consulting and Engineering, today announced the acquisition of cPrime Inc., a San Francisco-based industry leader in Agile consulting, training, and Enterprise Agile Transformation services. The new merger also aligns cPrime with Calsoft Labs, an ALTEN Group company, to build more comprehensive and innovative products and Enterprise IT solutions for clients with greater speed and quality.
"We are excited to welcome an innovative company with strong Agile expertise to the ALTEN family," said Gerald Attia, Deputy CEO of ALTEN Group. "The combination of our strengths in latest technologies and agile processes will help us deliver far greater value to our clients, something that the ALTEN Group has been known for, for over 25 years."
"This merger gives us the ability to deliver full enterprise development solutions with a company whose values and culture align perfectly with cPrime," said Zubin Irani, CEO of cPrime. According to Irani, the merger comes at an opportune time as the Agile market continues to grow and change, creating more opportunities. "What it does for us is that it immediately gives us access to a wider population of clients that can benefit from our services."
Through the merger, cPrime will provide more value to clients by leveraging ALTEN Groups's larger pool of technical talent. The ALTEN Group, through its subsidiary Calsoft Labs, offers Consulting, Enterprise IT, and Product Engineering Services to clients globally. The merger creates synergy between cPrime and Calsoft Labs allowing both companies to extend process consulting, technology consulting, and implementation services to clients under one roof.
"Many of our clients are looking to adopt Agile for Enterprise IT solution development. With cPrime's Agile process solutions, we can now offer the best people, process and technology capabilities to our clients," said Ramandeep Singh, CEO of Calsoft Labs.
About ALTEN Group
The ALTEN Group is a leading European Technology Consulting and Engineering (TCE) firm with approximately 18,000 employees in 20 countries. Headquartered in Paris, France, with operations throughout Europe, North America, India, China, and the MENA region, the ALTEN Group works with clients in the aerospace, defense, transportation, energy, life sciences, financial services, telecom and IT sectors.
About cPrime Inc.
cPrime Inc. is a IT project management consulting, staffing and training services company on the front lines of technology and methodology. For the past six consecutive years, cPrime has been recognized as one of the fastest growing companies in the San Francisco bay area. cPrime Agile Project Management engagements help clients adopt Scrum and other Agile practices within the larger program management ecosystem. To learn more about Agile and Scrum please visit www.cprime.com.
For more information, contact:
Monte Montoya
VP, Marketing
(650) 931-1652
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