FPT acquires Intertec International’s IT services division
Vietnam’s leading technology firm, FPT, on February 23 announced its acquisition of Intertec International’s (Intertec) IT Services division to further strengthen its North American nearshore delivery capabilities.
A corner of the Intertec International’s (Intertec) IT Services division. (Photo courtesy of FPT)
Hanoi (VNA) - Vietnam’s leading technology firm, FPT, on February23 announced its acquisition of Intertec International’s (Intertec) IT Servicesdivision to further strengthen its North American nearshore deliverycapabilities.
Following the success of an initial investment in Intertec in 2021, thismajority investment enables FPT and Intertec to provide its customers with aseamless experience by leveraging both organisations' strengths. IntertecEngineering, which is the company’s Technical Services division focused onaerospace and government, will remain an independent entity.
This investment enables FPT to further address increasing demand for Agilesoftware engineering and bridge the time zone difference. The Vietnamese ITfirm will continue to leverage and build upon Intertec’s delivery centres andoperational experience in Costa Rica, Colombia, and Mexico.
“Each M&A deal bears good fruit to FPT. We expect this acquisition toresonate greatly with FPT's goal of expanding business operations globally,especially in English-speaking markets,” said FPT’s Chairman Truong Gia Binh.
“Seeing the synergies and success of our relationship with Intertec made thisdeal a natural next step,” said FPT Americas Chief Executive Officer Dang TranPhuong. “We are committed to providing exceptional services to our customersand have listened to their needs for a mix of offshore, nearshore and onsitedelivery models to help them realize their speed-to-market goals and provide24/7 support.”
As an FPT company, Intertec customers will find a trusted partner providinggreater scale and global delivery options through FPT’s extensive network of27,000 employees in 29 countries. Customers will also have access to enhancedservice offerings, including Data, Cloud, Digital platforms, RPA, AI, IoT,Business Applications, Application Services, Managed Services, and more.
“We have worked with FPT for several years and we look forward to taking ourrelationship to the next level,” said Intertec International’s CEO RickardHedeby. “By combining forces, we can provide greater value to our customers andexpand career opportunities for our employees.”./.
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A corner of the Intertec International’s (Intertec) IT Services division. (Photo courtesy of FPT) 
