AURELIUS successfully closes sale of brightONE's Healthcare operations to T-Systems
- Successful closing of the transaction on January 31, 2014
- Additional transactions planned in coming months
Munich, February 3, 2014 – The Munich-based AURELIUS Group (ISIN DE000A0JK2A8) successfully closed the sale of the Healthcare operations of its subsidiary brightONE to T-Systems International GmbH (T-Systems). After the transaction was agreed between AURELIUS and T-Systems on December 20, 2013, it has now also been approved by the responsible antitrust authorities. For T-Systems, Deutsche Telekom AG´s IT subsidiary, this acquisition is another important step on the way to becoming an integrated provider of IT healthcare. T-Systems received access to these strategically markets as a result of its takeover of brightONE Healthcare's German and Dutch units. In addition, T-Systems is also taking over brightONE Healthcare's Service and Maintenance business, which is run from India.
AURELIUS took over brightONE in July 2013 from the Finnish-based Tieto Group and has since supported the group in its reorientation as a provider of innovative IT and engineering solutions. brightONE had last taken over Telenet GmbH Kommunikationsysteme, thereby further expanding its activities in the areas of Customer Experience Management and Testing Solutions.
"We are very happy about the successful closing of this transaction, from which all parties will profit", says Dr. Dirk Markus, Chief Executive Officer of AURELIUS. "Looking ahead to the next few months of this new year, I expect more acquisitions and sales. Our transaction pipeline is well-filled."