Today, Airbus and Sopra Steria (Paris:SOP) announced that they have signed an agreement on Sopra Steria's acquisition of CIMPA, an Airbus subsidiary specialised in PLM (Product Lifecycle Management) services.
CIMPA will join Sopra Steria on 1 October 2015.
"Sopra Steria is a long-standing partner of Airbus, and this agreement strengthens the partnership even further. I am certain that this transfer will provide CIMPA with new long-term development opportunities in the aeronautical field as well as a chance to diversify its markets," saidFabrice Brégier, Chairman and CEO of Airbus.
Pierre Pasquier, Chairman and founder of Sopra Steria added, "This acquisition will allow Sopra Steria to boost its position among major players in the world of aeronautics, in addition to those in industry, transport and energy, by capitalising on CIMPA's areas of expertise. This strategic move also strengthens the group's capacity to delve deeper into our clients' line of work and to assist them in their digital transformation.
CIMPA's activities will enter the Sopra Steria consolidation scope on 1 October 2015. The cost of the acquisition has not been publicly disclosed.
Airbus is a leading aircraft manufacturer with the most modern and comprehensive family of airliners on the market, ranging in capacity from 100 to more than 500 seats. Airbus champions innovative technologies and offers some of the world's most fuel efficient and quiet aircraft. Airbus has sold over 15.600 aircraft to more than 380 customers worldwide. Airbus has achieved more than 9,180 deliveries since the first Airbus aircraft entered into service. Headquartered in Toulouse, France.
About Sopra Steria
Sopra Steria, European leader in digital transformation, provides one of the most comprehensive portfolios of end to end service offerings in the market: Consulting, Systems Integration, Software Development, Infrastructure Management and Business Process Services. Sopra Steria is trusted by leading private and public organisations to deliver successful transformation programmes that address their most complex and critical business challenges. Combining high quality and performance services, added-value and innovation, Sopra Steria enables its clients to make the best use of information technology. With 37,000 employees in over 20 countries, Sopra Steria had pro forma revenue of €3.4 billion in 2014.
Sopra Steria Group (SOP) is listed on Euronext Paris (Compartment A) ISIN: FR0000050809
For more information, please visit our website www.soprasteria.com
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