Acquisition Of A Shareholding In The Swiss Company, CipherTech SA
After a period of consolidation, Alyotech has taken up an undisclosed shareholding in CipherTech SA, a Geneva based company.
- (1888PressRelease) October 26, 2010 - According to the Alyotech management team, "this operation is the beginning of a new cycle of acquisitions in the framework of our strategy, which consists of growing our presence in Francophone countries. This acquisition will enable us to increase the group's service portfolio whilst benefiting from Swiss skills notably in the security area."
CipherTec SA is a young company founded by Mr. Alexander Dougan. It is an information technology company specialising in Cloud Computing, virtualization, IT security, storage and disaster recovery solutions.
Mr. Dougan's previous experience has allowed CipherTec SA to develop rapidly, particularly in the financial, health, and international organizations sectors. Geographically, CipherTec is planning to cover both francophone and germanophone cantons before expanding internationally. "Given Alyotech group's reputation for excellence, it is our belief that this partnership will accelerate our development, and that we will rapidly become one of the major players in our sector" stated the President of the Board of Directors.
Contact : RLPV Conseil. Cyril Levy-Pey at +33 1.42.70.31.29/ +33 6.08.46.41.41
Email : alyotech ( @ ) rlpv dot com
About Alyotech
Alyotech was founded in August 2005. Following its latest acquisition, Expart Consultancy, the Alyotech group now employs over 1,600 consultants, generating sales of about €115 million among France, The Netherlands, Belgium, Canada and Switzerland. Relying on sustained organic growth and a strategy of dynamic external growth, Alyotech aims to become a major international player in the field of Technological Consulting, on sectors such as Telecommunications, Transportation, Banks and Insurance, Aeronautics, Defense, Energy…
For more information on Alyotech : www.alyotech.com
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