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Sunday, February 26, 2006

U.S. IT Consulting Firm Bought by Fujitsu

Fujitsu, Ltd. Announced the purchase of a U.S. IT firm recently. The acquisition is an opportunity for the Japanese company to increase its clientele in North America.

A United States branch of Fujitsu, Fujitsu Consulting, will buy Rapidigm, a Pittsburgh-centered IT consulting firm that also holds offices in 22 additional major municipal markets in both the United States and India.

The Japanese company will be able to leverage its national IT consulting presence with the addition of Rapidigm as well as increase the company’s ability to deliver products and services offshore, according to Fujitsu Consulting representatives.

As soon as the process of buying Rapidigm is complete, Fujitsu Consulting will add approximately 1,200 U.S.-based consultants, which will make the total number at the North American IT consulting firm over 4,900. As part of the acquisition, Fujitsu will also add an additional 800 India-based consultants spread out between two development centers.

Even though the financial details of the purchase were not revealed, earlier it was reported that the price would be about 20-30 bin yen.

Added By: Computer Consulting Kit