M&A Deal Summary

NTT DATA Acquires Flux7

On December 3, 2019, NTT DATA acquired information technology company Flux7

Acquisition Highlights
  • This is NTT DATA’s 8th transaction in the Information Technology sector.
  • This is NTT DATA’s 7th transaction in the United States.
  • This is NTT DATA’s 2nd transaction in Texas.

M&A Deal Summary

Date 2019-12-03
Target Flux7
Sector Information Technology
Buyer(s) NTT DATA
Deal Type Add-on Acquisition

Target

Flux7

Austin, Texas, United States
Flux7 is an IT services firm that improves business agility through IT delivery optimization and cloud-native application migration and modernization. Flux7 is based in Austin, Texas.

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Buyer(S) 1

Buyer

NTT DATA

Tokyo, Japan

Category Company
Founded 1967
Sector Information Technology
Employees197,777
Revenue 4.64T JPY (2025)
DESCRIPTION

NTT DATA is a IT services provider and global innovation partner with 80,000 professionals based in over 40 countries. NTT DATA emphasizes long-term commitment and combines global reach and local intimacy to provide premier professional services, including consulting, application services, business process and IT outsourcing, and cloud-based solutions. NTT DATA was founded in 1967 and is based in Tokyo, Japan.


DEAL STATS #
Overall 12 of 31
Sector: Information Technology M&A 8 of 20
Type: Add-on Acquisition M&A Deals 11 of 29
State: Texas M&A 2 of 2
Country: United States M&A 7 of 16
Year: 2019 M&A 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-10-29 Sierra Systems Group

Vancouver, British Columbia, United Kingdom

Sierra Systems Group, Inc. is a Canadian IT services and management consulting firm offering a full range of advisory, systems development and integration, and application managed services. With approximately 700 professionals across Canada, Sierra Systems has developed deep expertise in its targeted industries and has earned a reputation for delivering superior solutions that strengthen organizations’ operational performance. Headquartered in Vancouver, British Columbia and founded in 1966.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-12-18 Net Esolutions

McLean, Virginia, United States

Net Esolutions Corp. (NETE) is a digital services and Information Technology (IT) leader. NETE combines commercial best practices and emerging technologies and is primarily focused on providing services to the Federal Government Health and Research agencies.

Buy -