Perot Systems expands European footprint; acquires Germany's HighQ-IT

Peter AltabefPlano, Texas: Perot Systems Corporation has announced today that it has signed a definitive agreement to acquire HighQ-IT for the manufacturing industry GmbH (HighQ-IT), a leading German IT services provider with SAP expertise.

The Munich-based company is one of nine special expertise partners in the automotive industry to be globally certified by SAP.

With a delivery center in Bratislava, Slovakia, HighQ-IT is a business driven IT innovation partner for select manufacturing industries, with a clear emphasis on delivering IT services in the SAP and enterprise solutions market.

The acquisition is projected to close during the second quarter of this year following approval from the Federal Cartel Office in Germany.

Financial details of the acquisition were not disclosed.

"With its proven expertise in SAP implementation services, HighQ-IT is an excellent fit for Perot Systems," said Peter Altabef, president and CEO of Perot Systems Corporation.