The transaction closed on Monday 5 November.
The acquisition is expected to deliver three key strategic assets to HP: enhancement of the company's SAP capabilities in the Middle East; reinforcement of HP's expertise in two key market segments - the public sector and oil and gas; and the extension of HP's geographic presence into Libya and Qatar.
Bruce Embley, the corporate partner in Dubai who led the team said, 'We are delighted to have assisted HP on this important acquisition in the Middle East.'
The Freshfields team included associates Jan Hards, Zoe Blakemore and Fares Al-Hejailan. HP's internal legal team on the deal was led by Sergio Letelier.
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Freshfields advises HP on acquisition of Atos Origin Middle East Group
- United Arab Emirates: Wednesday, November 14 - 2007 at 10:34
- PRESS RELEASE
Leading international law firm Freshfields Bruckhaus Deringer has advised HP on its acquisition of Atos Origin Middle East group, ('AOME'), one of the Middle East's leading systems integrators, to broaden its consulting and integration capacity in the region.
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Notes and media contacts
For further information, please contact:Bruce Embley, partner
T: + 971 4 5099160
Joann Scott, PR manager
T: +44 020 785 2918
The Atos Origin Middle East group is a leading systems integrator in the Middle East. Its consulting and system integration capabilities include design, development and delivery of mission-critical application packages, application development, integration with backend legacy systems, issuance and management of secure digital identity systems. System integration services cover the full range of design, set-up, customization, training and development. In the field of managed operations, the company offers IT and application management.
HP focuses on simplifying technology experiences for all of its customers - from individual consumers to the largest businesses. With a portfolio that spans printing, personal computing, software, services and IT infrastructure, HP is among the world's largest IT companies, with revenue totalling $100.5bn for the four fiscal quarters ended July 31, 2007. More information about HP (NYSE: HPQ) is available at http://www.hp.com.
Freshfields Bruckhaus Deringer* is a leading international law firm providing a comprehensive worldwide service to national and multinational corporations, financial institutions and governments.
* 469 partners and principal consultants, 2526 total lawyers worldwide, 27 offices in 16 countries
Posted by Anne-Birte Stensgaard, Senior News EditorWednesday, November 14 - 2007 at 10:34 UAE local time (GMT+4)
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