BREMEN, Germany, Feb. 3, 2017 /PRNewswire/ -- Allgeier SE,
one of the leading IT companies for Business Performance, today
announced an agreement with Ciber, Inc. (NYSE: CBR), a leading
global information technology consulting, services and outsourcing
company, to acquire its business in Germany and Denmark.
With this acquisition, Allgeier builds on an established
presence in Germany and
Denmark and reinforces its
position as a leader in providing fully integrated IT solutions and
IT services. The transaction is expected to close in February
following receipt of regulatory approvals.
"This acquisition reflects our strong commitment to the future
of SAP and the value for our customers by bringing Enterprise IT-
Services and new SAP technologies together," said Hubert Rohrer, Member of Executive Board of
Allgeier SE. "Our interests are completely aligned with Ciber as we
transition, support and deliver for our customers."
"The sale of Ciber Germany and Ciber Denmark is consistent with
our announced strategy to divest non-core assets," said Ciber
President and Chief Executive Officer Michael Boustridge. "With Allgeier, we have
found a terrific home for our German and Danish employees and
customers."
About Allgeier SE
Allgeier SE is one of the leading IT
companies for digital transformation: with a growth strategy
oriented to innovations and future trends, as well as an
integrative business model, Allgeier seizes the opportunities that
digitalization offers. Three operating segments, each with their
individual specialist or sector-related focal points, work together
for more than 3,000 customers from almost all business sectors.
With more than 6,100 salaried employees and more than 1,300
freelance experts, Allgeier offers its customers an extensive
one-stop-shop range of solutions and services. With a highly
flexible delivery model, Allgeier covers the entire IT service
spectrum from on-site through to nearshore and offshore: with a
strong business pillar in India,
the company secures flexibility and maximum scalability of
services, as well as highly qualified high-end software development
expertise. Allgeier customers include globally operating groups as
well as innovative medium-size business operations that aim to
secure strategic advantages through high-performance IT solutions,
intelligent software and flexible personnel services. This
Munich-based, fast-growing Group
maintains more than 90 branches in German-speaking countries, the
rest of Europe, as well as in
India, Singapore, Vietnam, Mexico and the USA. Allgeier generated
EUR 445 million of revenue in 2015 (continuing
operations). Allgeier SE ranks first in the 2016 Lünendonk® list of
"Leading German Medium-Sized IT Consultants and System
Integrators". According to the Lünendonk® 2016 market segment study
"The Market for Recruiting, Mediating and Managing IT Freelancers
in Germany", Allgeier Experts
ranks among Germany's top three IT
personnel service providers. Allgeier SE is listed on the Regulated
Market of the Frankfurt Stock Exchange (WKN 508630, ISIN
DE0005086300). For more information, visit: www.allgeier.com.
About Ciber, Inc.
Ciber partners with organizations to
develop technology strategies and solutions that deliver tangible
business value. Founded in 1974, the company trades on the New York
Stock Exchange (NYSE: CBR). For more information,
visit www.ciber.com and follow us on Twitter, LinkedIn,
Facebook, Google Plus and our blog.
Ciber, Inc.'s Cautionary Statement Regarding Forward Looking
Statements
This press release contains forward-looking
statements within the meaning of the Private Securities Litigation
Reform Act of 1995 relating to Ciber's operations, results of
operations and other matters that are based on Ciber's current
expectations, estimates, forecasts and projections. Words, such as
"anticipate," "believe," "could," "expect," "estimate," "intend,"
"may," "opportunity," "plan," "positioned," "potential," "project,"
"should," and "will" and similar expressions, are intended to
identify these forward-looking statements. These statements are not
guarantees of future performance and involve risks, uncertainties
and assumptions that are difficult to predict. Forward-looking
statements are based on assumptions as to future events that may
not prove to be accurate. For a more detailed discussion of these
risks, see the information under the "Risk Factors" heading in
Ciber's Annual Report on Form 10-K for the year ended December 31, 2015, and Ciber's Quarterly Report
on Form 10-Q for the three months ended September 30, 2016, and other documents filed
with or furnished to the Securities and Exchange Commission. Other
than as required by law, Ciber undertakes no obligation to publicly
update any forward-looking statements in light of new information
or future events. Readers are cautioned not to put undue reliance
on forward-looking statements.
Contact
Scott Kozak
Ciber, Global Communications, Investor and Industry Relations
303-967-1379
skozak@ciber.com
Allgeier SE
Corporate Communications & Investor Relations
Dr. Christopher Große
Wehrlestraße 12
81679 Munich
Tel.: +49 (0)89/998421-0
Fax: +49 (0)89/998421-11
e-mail: ir@allgeier.com
Web: www.allgeier.com
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SOURCE Ciber, Inc.; Allgeier SE