Softtek, an IT and business process solutions provider, has completed the acquisition of I.T. UNITED, a China-based software development and outsourcing services provider.
With this acquisition, Softtek adds the eighth global delivery center to its network of centers in Mexico, Brazil and Spain.
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.
Softtek’s new China unit will operate under the name "I.T. UNITED, a Softtek Company" for a limited period of time.
This strategic deal is expected to boost Softtek's capabilities to serve the global needs of its clients by leveraging I.T. UNITED’s existing capabilities and China market positioning, according to the press release.