Compaq buys Twinsoft UK to enhance ebusiness strategy

by Jo Pettitt, VNU Newswire

Compaq today acquired full ownership of Twinsoft UK with the intention of improving its ebusiness capabilities.

Compaq, which now wholly owns three out of eight Twinsoft subsidiaries across Europe, said Twinsoft UK will continue to operate independently of Compaq, but as a wholly owned subsidiary, working with Compaq's Services consultants and corporate sales teams. Compaq also wholly owns Twinsoft in Denmark and Germany.

Advertisement

Late last month, Cap Gemini said it had reached an agreement with Compaq to acquire all the remaining shares in two Twinsoft subsidiaries based in Holland and Belgium. Compaq and Cap Gemini had previously held a 50/50 share in six of the eight Twinsoft companies in Europe.

The remaining three are remain jointly owned between Compaq and other companies.

Twinsoft provides consultancy, systems integration and bespoke development and managed services, predominantly on the Compaq Nonstop Kernel Himalaya server operating system inherited from the Tandem acquisition.

It has 500 staff across Europe, 110 of which work in the UK division. Twinsoft officials confirmed today that there would be no job losses as a result of the acquisitions.

David Toso, director of Compaq's Services group, commented in a statement: "Twinsoft's experience with non-stop, mission critical systems will help our customers achieve their ebusiness goals more rapidly, with reduced risk and faster return on their investment."

Kevin McKenna will continue as Twinsoft's managing director. He sees the move as further proof of the continuing strength of the Himalaya market.

"In the last two years we have doubled in size from 56 to 110 staff, demonstrating that the market is thriving," he says. "The acquisition enables us to continue our expansion programme, supported by increased focus from Compaq's management and its credibility in the market."

To comment on this story email newswire@vnu.co.uk

  • Have your say
  • Send to a friend
  • Print
  • Digg
  • Reddit
  • Share

Tags:

Do you agree?

Further reading

Cap Gemini and Ernst & Young confirm talks

Cap Gemini's shares soared on the French stock exchange this week after confirmation it is in discussions to acquire Ernst & Young's management consultancy arm.

Related whitepapers

Related jobs

Most watched

eu flag

V3.co.uk weekly debrief, 6 Nov 09

This week, Europe decides what to do with illegal file sharers

Intel unveils its micro server platform

Small-enclosure systems take aim at hosting market

IT white papers

Search white papers

Top categories

Poll

Impact of Information Overload poll

Impact of Information Overload poll

What is the biggest problem your firm faces as a result of the data explosion?

View poll results

Advertisement

Advertisement

Newsletter signup

Sign up for our range of FREE newsletters:

Existing User

Newsletter user login:

Enter email address to edit your newsletter preferences

Job of the week

Search thousands of IT jobs :

Search thousands of IT jobs:

Advanced search

Hiring now on ComputingCareers:

Related IT jobs

Search thousands of IT jobs :

Search thousands of IT jobs:

Advanced search

Spotlight

Top 10 cup

Top 10 technologies in a death spiral

A look at some technologies that may soon be departed

Thunderbird

Thunderbird 3 out this month

Open source email system gets a makeover

Best Buy to storm Blighty's stores

Now that Circuit City is gone, Best Buy's ruling the...

Internet Explorer

Europe's browser war heats up again

Mozilla and Opera demand changes to Microsoft's proposed ballot system

Primary Navigation