Softtek, the largest private IT service provider in Latin America, announced today that it has completed the acquisition of I.T. UNITED, a leading China-based provider of software development and outsourcing services. This strategic deal will significantly boost Softtek’s capabilities to serve the global needs of its clients by leveraging I.T. UNITED’s existing capabilities and China market positioning.
With this acquisition, Softtek adds the eighth Global Delivery Center to its network of centers in Mexico, Brazil and Spain. Softtek has gained a strong reputation in the IT & BPO global sourcing industry through its trademarked Near Shore model, which pairs world-class execution with global proximity to fill the gap left by India-centric outsourcing models.
“Our clients are increasingly looking for ways to leverage a true global delivery model by which they can take advantage of a strong network of multi-sourcing alternatives,” said Beni Lopez, CEO of Softtek Near Shore Services. “I.T. UNITED has been the recipient of numerous recognitions in China and abroad, and by adding their capabilities, we are taking our value proposition one step further.”
Cyrill Eltschinger, founder and CEO of I.T. UNITED, will continue in his position. Eltschinger has worked in the IT services industry for nearly 20 years and in China for almost 15 years. Prior to I.T. UNITED, he spent eight years with Electronic Data Systems (EDS) on various assignments in Europe, the United States and the Asia-Pacific region. “As a result of this integration, our clients will gain a competitive advantage from Softtek’s global proximity edge,” said Eltschinger. “Softtek’s Near Shore model, serving to and from the Americas, Europe and now Asia, represents a very compelling solution of choice in terms of quality, scalability and cost competitiveness in a complete follow-the-sun model.”
“China not only represents a huge and strategic market for our clients, but also is a place that has the skills, quality and scale required by today’s dynamic outsourcing market,” said Blanca Treviño, president & CEO of Softtek.“With this acquisition we are uniquely positioned to bring value by combining the outstanding customer experience of our Near Shore model with a robust network of global resources. We call it Global Near Shore.”