FPT Software acquires US firm Intertec's IT service division
Vietnam’s leading IT service provider FPT Software has acquired the U.S.-headquartered Intertec International's IT Services division, in a move to further strengthen its North American nearshore delivery capabilities.
FPT Software has invested in Intertec since 2021 and acquired the latter's IT division. Photo courtesy of FPT Software.
FPT Software started investing in the U.S. firm in 2021, which enabled FPT Software to address its clients’ increasing demand for Agile software engineering and bridge the time zone differences between its IT professionals and customers.
Per the new investment, FPT Software and Intertec can provide customers with seamless experiences by utilizing both sides' strengths. The Vietnamese firm will continue to leverage and build upon Intertec’s delivery centers and operational experience in Costa Rica, Colombia, and Mexico.
Intertec customers will find a trusted partner providing greater scale and global delivery options through FPT Software’s extensive network of 27,000 employees in 29 countries. Customers will also have access to enhanced service offerings, including Data, Cloud, Digital platforms, RPA, AI, IoT, Business Applications, Application Services, Managed Services, and more.
The move is a part of FPT Software’s global growth strategy and will boost its presence in the Americas. With this investment, the company gains nearly 300 employees and four offices. In the next two years, FPT Software sets its sight on growing its headcount in the Latin American region to 1,000.
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