OREANDA-NEWS. April 25, 2011. NTT DATA CORPORATION ("NTT DATA"; President and CEO: Toru Yamashita; Head office: Koto-ku, Tokyo), through its subsidiary NTT DATA Europe GmbH & Co. KG ("NDEU"; Managing Director: Kazuhiro Nishihata; Head office: Germany), reached an agreement with Value Partners S.p.A. ("Value Partners"; Founder and Managing Director: Giorgio Rossi Cairo; Head office: Italy) to acquire 100% of the outstanding shares in Value Team S.p.A. ("Value Team"; CEO: Patrizio Mapelli; Head office: Italy), which specializes in providing consulting, system integration and outsourcing to major companies in Europe and the growing Brazilian market.

Value Team is one of the largest operators in Italy in the sector with a complete and structured offering of business critical IT services, covering IT consulting, system integration, application management and outsourcing. Value Team is providing support to the major companies operating in the banking, insurance, telecommunications, media, manufacturing and distribution sectors. Through this strategic partnership, NDEU will expand its geographic reach in Europe and add a bridgehead with Brazil into the growing Latin American markets.

One of the main strategies for NDEU is to expand its footprint in Europe and to establish the group as a pan-European player. Since its establishment in 2007, NDEU has been actively engaged in expanding its business through its subsidiaries, and Value Team will help to further expand NDEU's product offering to a number of European blue chip customers.

Managing Director Kazuhiro Nishihata, commented: "Welcoming Value Team to NTT DATA Group will enable us to provide with credible and comprehensive IT services both in Europe and Latin America. Value Team has an outstanding reputation and trust of its customers in providing IT services especially in the area of telecommunication and financial sector, which have been also familiar to NTT DATA Group over the years. I believe that this would, aligning Value Team with our global scale, offer more efficient and higher value solutions to our customers."

Giorgio Rossi Cairo, Founder and Managing Director of Value Partners, commented: "Value Team is an entrepreneurial success story. In 2000, we decided to go beyond our existing Management Consulting range in order to include the most complex, innovative and business-critical IT services. Our intuition – vindicated by events – was based on the awareness that web discontinuity represented a unique opportunity for the companies that expected to revise their business model. Value Team has grown rapidly, but to be competitive in the IT sector at an international level it requires critical dimensions in all geographic areas."