14.07.2016 DE000A0JC8S7
DGAP-News: DATAGROUP AG: DATAGROUP takes over SAP and application management services from Hewlett Packard Enterprise (HPE) in Germany

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DGAP-News: DATAGROUP AG / Key word(s): Mergers & Acquisitions DATAGROUP AG: DATAGROUP takes over SAP and application management services from Hewlett Packard Enterprise (HPE) in Germany 14.07.2016 / 07:02 The issuer is solely responsible for the content of this announcement. --------------------------------------------------------------------------- DATAGROUP takes over SAP and application management services from Hewlett Packard Enterprise (HPE) in Germany Pliezhausen, July 14, 2016. DATAGROUP AG (WKN A0JC8S) takes over some 330 SAP and application management experts from Hewlett Packard Enterprise (HPE) in Germany and will provide defined IT services for HPE. The company secures for itself a guaranteed sales volume in the triple-digit millions over at least five years. DATAGROUP has been in exclusive negotiations with HPE since March 2016. Now the negotiation partners have signed the agreement, which stipulates that DATAGROUP will provide defined SAP and application management services for HPE's customers. To this end, DATAGROUP takes over some 330 IT experts from HPE. The customers will benefit from the strong level of service quality of IT service provider DATAGROUP, which has just again been awarded by Lünendonk as one of the leaders in its industry in Germany. With this acquisition, DATAGROUP strengthens CORBOX' strategic core business segments, SAP and application management, and benefits from a guaranteed purchase commitment over five years and four months on the part of HPE. The partners have also agreed on an extension option for another twenty months. This guarantees the utilisation of the new employees from day one. Over the contract term, the purchase volumes will decrease by 10% to 3.5% per year according to plan. DATAGROUP plans to leverage the resources that will gradually become available for sustainable organic growth in its core segment on a long-term basis. DATAGROUP and HPE also intend to gain further attractive customers in the context of a joint market presence. The conclusion of the contract is subject to the condition that at least 70% of the IT specialists agree to the transfer of undertakings from HPE to DATAGROUP. "SAP and application management services are strategic growth areas of DATAGROUP and there is strong demand in the market", says Max H.-H. Schaber, CEO of DATAGROUP AG. "Taking over IT experts from HPE is an asset to our customers and our employees. We are happy to welcome these proven experts helping us to significantly enhance our performance and market position at one go. We want to offer an attractive working environment for the HPE employees and are glad that they will enrich our company and further develop with us", comments DATAGROUP CEO Schaber. Alongside the specialised expertise, the significant experience in integrating companies is a decisive reason why HPE has decided for DATAGROUP. "For DATAGROUP, this transaction represents outstanding development and business opportunities, which can go far beyond the sales volume guaranteed by HPE's purchasing agreement", comments DATAGROUP COO Dirk Peters. "We will accelerate our growth together with the HPE experts and offer a "plus" of high-quality IT services to our customers going forward." DATAGROUP has a long track record in acquiring companies and company divisions. Since its IPO in 2006, the IT service provider has completed 17 acquisitions, also within the intended scope, and therefore is one of the most important consolidators of the strongly fragmented German IT service market in the Mittelstand segment. DATAGROUP AG invites all interested investors, analysts, and journalists to participate in a conference call with CEO Max H.-H. Schaber. The conference call is scheduled for July 18, 2016 at 2.00 pm CET. The dial-in number is: +49 30 232531469. About DATAGROUP: DATAGROUP is a leading German IT service company. Over 1,400 employees at 16 locations across Germany design, implement, and operate IT infrastructure and business applications such as SAP. With its product CORBOX, DATAGROUP is a full-service provider, serving over 330,000 global IT workstations for medium and large enterprises as well as for public- sector clients. In other words: 'We manage IT'. The company is growing organically and through acquisitions. The acquisition strategy is particularly noted for its optimal integration of the new companies. DATAGROUP is actively participating in the IT service market's consolidation process with its 'buy and turn around' and its 'buy and build' strategy. Contact: DATAGROUP AG Claudia Erning Investor Relations T +49 160 96 89 81 71 claudia.erning@datagroup.de --------------------------------------------------------------------------- 14.07.2016 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement. The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.dgap.de --------------------------------------------------------------------------- Language: English Company: DATAGROUP AG Wilhelm-Schickard-Str. 7 72124 Pliezhausen Germany Phone: +49 (0)7127 970 000 Fax: +49 (0)7127 970 033 Internet: www.datagroup.de ISIN: DE000A0JC8S7 WKN: A0JC8S Listed: Regulated Unofficial Market in Berlin, Dusseldorf, Munich, Stuttgart, Tradegate Exchange; Open Market (Entry Standard) in Frankfurt End of News DGAP News Service --------------------------------------------------------------------------- 482091 14.07.2016

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