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SOA People joins Cormeta

SOA People acquires a majority stake in the German SAP partner Cormeta and thus enters the top 5 SAP partners in Europe.
E-3 Magazine
July 24, 2017
SOA Cormeta
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This text has been automatically translated from German to English.

Hodaibi 1707 SThe acquisition of Cormeta represents SOA People's entry into the German market and as a strategic springboard into other SAP MEE markets (Eastern Europe). The acquisition will propel SOA People into the top 5 SAP partners in Europe and increase global revenues by 20 percent, putting SOA People on track to meet its published growth targets.

"This exciting and strategic acquisition will help increase our European footprint and bring our pre-configured industry solutions and innovative cloud offerings to a broader audience"

emphasizes Khalil Hodaibi, CEO SOA People Group.

"We continue our search for the best-of-breed organizations in each European country and Cormeta's experienced workforce, proprietary solutions and solid SAP experience are a great fit with SOA People's culture and capabilities as well.

It is truly a great opportunity for both organizations. This important step will provide all our customers with more services, more products and a much broader geographical coverage.

In particular, customers with operations in our countries will find a unique and dedicated partner to build a stable and long-term relationship."

"Cormeta will strengthen SOA People's position as a leading and credible Behrens 1707 Ssignificantly improve its position as a pan-European player in the SAP partner community. It will further strengthen SOA Peoples' privileged partnership with SAP and expand their ability to position SAP's innovative solution portfolio."

says Xavier De Grove, SAP Global Channels & General Business, VP Channels, EMEA and MEE regions.

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