Media Release

SoftwareONE to fully acquire InterGrupo, accelerating its capabilities in application modernization to enable digital transformation

Stans, Switzerland, 10 November 2020 - SoftwareONE Holding AG, a leading global provider of end-to-end software and cloud technology solutions, today announced that it has agreed to acquire the remaining 60% of InterGrupo, following its initial investment in 2019. InterGrupo, a specialist in application modernization and cloud technology solutions, will further strengthen SoftwareONE's ability to support customers' digital, commercial and technology transformations, thereby boosting the group's Solutions & Services capabilities and business volume.

The full acquisition of InterGrupo underlines its strategic importance for SoftwareONE, enabling it to fully leverage InterGrupo's expertise and "cloud software factory" in application modernization and development - a key priority for SoftwareONE's Solutions & Services offering.

Dieter Schlosser, CEO at SoftwareONE said: "This acquisition highlights the strategic importance of a global practice in application modernization with hyperscalers, such as AWS, Google and Microsoft. This helps our 65,000 customers on their journey to the cloud not only from an infrastructure point of view, but also regarding their existing applications. The technology, agility, and efficiency gains of the cloud can only be realized if applications are re-engineered. DevOps in the cloud is a priority for all hyperscalers, particularly for AWS. They have the goal of transforming millions of applications to their platforms over the coming years, with the help of partners such as SoftwareONE."

Headquartered in Medellin, Colombia, InterGrupo employs around 1,400 people, mainly developers and technology specialists. It is a digital transformation leader, dedicated primarily to supporting organizations with technology services ranging from software development to client infrastructure management. The company automates processes to accelerate the pace of business, while modernizing legacy applications and migrating them to cloud-native technologies in Microsoft Azure and AWS, simultaneously integrating new functionalities such as artificial intelligence and machine learning.

In the twelve months leading up to June 2020, InterGrupo achieved around CHF 35 million in gross profit, showing very promising results since it deepened the strategic partnership with SoftwareONE last year.

Over recent months, SoftwareONE has been working closely with InterGrupo to standardize and streamline its application modernization service catalogue and build out its managed services capabilities, so they can be seamlessly integrated into SoftwareONE's global service catalogue and delivery model. Application modernization will therefore be available immediately to all of SoftwareONE's 65,000 customers and partners across the 90 countries SoftwareONE is present in.

Darío Solórzano, founder of InterGrupo, said: "The last few months have proven how InterGrupo and SoftwareONE can mutually benefit from each other and I am excited to herald a new era. I am certain that being an integral part of SoftwareONE will benefit our employees and more so allow us to empower our customers worldwide for their digital transformation, through innovative technologies, extending from cognitive computing, blockchain, IoT, advanced analytics to cloud."

The closing of the transaction is expected to occur at the beginning of 2021.

CONTACT

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ABOUT SOFTWAREONE

SoftwareONE is a leading global provider of end-to-end software and cloud technology solutions, headquartered in Switzerland. With capabilities across the entire value chain, it helps companies design and implement their technology strategy, buy the right software and cloud solutions at the right price, and manage and optimize their software estate. Its offerings are connected by PyraCloud, SoftwareONE's proprietary digital platform, that provides customers with data-driven, actionable intelligence. With around 5,800 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 Holding AG, Riedenmatt 4, CH-6370 Stans

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