Altran Acquires TASS, a Dutch Leader in Intelligent Systems

News provided by

Apr 08, 2014, 02:11 ET

PARIS, April 8, 2014 /PRNewswire/ --

Altran has acquired 100% of TASS, a Dutch leader in Intelligent Systems. TASS, operating in the Netherlands and Belgium, will strengthen Altran's Intelligent Systems global network of 3,500 experts, spread across 13 countries (Europe, Asia and the USA), who are working to address the challenges of the fast-growing intelligent systems market. As an intelligent systems integrator, Altran has set up a network of excellence centres to create new business opportunities and experiences for users in applications areas such as autonomous systems, smartphones, smart meters, medical devices, connected cars and advanced air traffic control.

(Logo: http://photos.prnewswire.com/prnh/20130408/607421 )

Founded as part of the Philips Group in 1978, TASS is a leader in the Benelux region for embedded software in the semiconductors, consumer electronics and healthcare sectors, providing services to blue-chip clients such as ASML, Philips, NXP and TomTom. With 230 employees in the Netherlands and Belgium, the company has a strong expertise in technical automation, connected devices as well as agile and model-based development methods through which it provides highly reliable software solutions. TASS offers a wide range of services, from the provision of expertise and training to outsourced services and projects. The company had revenues of €23m in 2013.

Commenting on the operation, Altran Chairman and Chief Executive, Philippe Salle explains: "Altran is a pioneer and forerunner in the sector in global intelligent systems. With the acquisition of TASS, Altran continues boosting this solution and reiterates its commitment to deliver on its 2012-2015 Strategic Plan objectives. TASS is a well-known, profitable player with strong capabilities: as such it is perfectly aligned with the Group's acquisition and operational strategy."

Edwin Manten, Managing Director of TASS, added: "We believe there is strong complementarity between Altran and ourselves as well as a good cultural fit. TASS works in sectors where technical and embedded software plays an important role in the development of intelligent and innovative products with a strong focus on connected devices in the world of the Internet of Things. It is clearly the right step and the right moment to let TASS achieve its goals in an international environment. Our customers remain in good hands: we will continue to build high-quality products in co-creation with our customers in order to reduce their 'time to market'."

http://www.altran.com

SOURCE Altran