Sema Group dipped into the petty cash today to acquire Business Protection Services Limited, a small Irish disaster recovery vendor, for an undisclosed sum.
BPSL has clients in Ireland and Norway and net assets worth around £1 million.
Managing director of Sema's disaster recovery division, Barry Shaw, said it had a large customer base in Ireland and the BPSL deal fitted with its strategy of offering global solutions.
"In addition, significant inward investment from the EU, coupled with tax incentives have made Ireland an attractive proposition for many companies, particularly in the finance sector," Shaw said in a statement.
No BPSL staff are expected to lose their jobs as a result of the takeover.
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