DATAGROUP Confirms Successful Takeover of IT Specialists from Hewlett Packard Enterprise

12:28, Disclosure of an inside information according to Article 17 MAR

DATAGROUP AG (WKN A0JC8S) takes over IT specialists and parts of the supply chain from Hewlett Packard Enterprise (HPE) on September 1, 2016. The IT service provider confirms that more than the required 70% out of a total of 330 HPE employees have already agreed to the transfer of undertakings before expiry of the opposition period. Accordingly, the decisive hurdle for the transaction announced in July 2016 has been cleared. The successful takeover helps DATAGROUP to significantly expand its competitive strength in the strategically important SAP and applications management services business segment.

In addition to highly qualified IT specialists, the IT service provider secures a major order from HPE and will provide SAP and application management services for HPE’s existing customers in the future. The contract has a term of 64 months and can be extended by another 20 months thereafter.

Claudia Erning
Investor Relations

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