Published: 17:38 CEST 18-05-2017 /GlobeNewswire /Source: Orange / : ORA /ISIN: FR0000133308
Paris, 18 May 2017
Not for distribution in the United States of America
Orange enters exclusive negotiations to acquire Business & Decision to accelerate Orange Business Services' growth in data intelligence
- Orange is entering exclusive negotiations to acquire a controlling stake in Business & Decision, an international consulting and systems integration group.
- The acquisition aims to reinforce Orange Business Services' leadership as an operator and integrator of data services in France and abroad.
"I am extremely happy that Business & Decision is joining a group that shares the same values as the company's founder Patrick Bensabat with regards to assuring the best interests of the company's employees and customers. This union will bring the fresh dynamic which the company that he created now needs to move forward. Business & Decision's teams, that Patrick had cherished with enormous esteem and affection, will now contribute to the success of the Orange Group by bringing their expertise and operational efficiency," said Tova Bensabat, Board member and representative of the family-held majority ownership.
Orange is one of the world's leading telecommunications operators with sales of 40,9 billion euros in 2016 and 154,000 employees worldwide at 31 March 2017, including 95,000 employees in France. Present in 29 countries, the Group has a total customer base of 265 million customers worldwide at 31 March 2017, including 203 million mobile customers and 19 million fixed broadband customers. Orange is also a leading provider of global IT and telecommunication services to multinational companies, under the brand Orange Business Services. In March 2015, the Group presented its new strategic plan "Essentials2020" which places customer experience at the heart of its strategy with the aim of allowing them to benefit fully from the digital universe and the power of its new generation networks.
Orange is listed on Euronext Paris (symbol ORA) and on the New York Stock Exchange (symbol ORAN).
Orange and any other Orange product or service names included in this material are trademarks of Orange or Orange Brand Services Limited.
Business & Decision, a global consulting and systems integration group (CSI), is a leader in Business Intelligence (BI) and CRM, and is a leading e-Business player. The Group contributes to the success of high added-value projects for businesses and supports its customers in various innovative areas such as Big Data and digital services. The company is recognized for its operational and technical expertise by leading software developers with whom it has built-up solid partnerships. With its unique capabilities in its specialist areas, Business & Decision offers tailored solutions for a broad range of sectors and industry functions. Business & Decision operates in 12 countries and employs more than 2,500 people in France and around the world.
Orange Group: Tom Wright, +33 1 44 44 93 93, firstname.lastname@example.org
Business & Decision: Safa Baghai, +33 1 56 21 21 20, email@example.com
This announcement is distributed by Nasdaq Corporate Solutions (One Liberty Plaza, 165 Broadway, New York, NY 10006. Tel: +1 212 401 8700. www.nasdaqomx.com) on behalf of NASDAQ OMX Corporate Solutions clients. Source: Orange, 78 rue Olivier de Serres, Paris 75015, France
If you would like to unsubscribe and stop receiving these e-mails click here.