Add-on Acquisition • Staffing

Fujitsu Acquires Promaintech Novaxa

On October 23, 2007, Fujitsu acquired staffing company Promaintech Novaxa

Acquisition Context
  • This is Fujitsu’s 1st transaction in the Staffing sector.
  • This is Fujitsu’s 1st transaction in Canada.
  • This is Fujitsu’s 1st transaction in Quebec.

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M&A Deal Summary

Date October 23, 2007
Target Promaintech Novaxa
Sector Staffing
Buyer(s) Fujitsu
Deal Type Add-on Acquisition

Target Company

Promaintech Novaxa

Boucherville, Quebec, Canada
Promaintech Novaxa is a consulting engineering firm specializing in operational strategy, business process transformation and performance optimization.
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Buyer Overview 1

Buyer

Fujitsu

Tokyo, Japan

Category Company
Founded 1923
Sector Communications
Employees112,743
Revenue 3.55T JPY (2025)
DESCRIPTION

Fujitsu is an information and communication technology (ICT) company offering a full range of technology products, solutions and services. Fujitsu was incorporated in 1923 and is based in Tokyo, Japan.


Deal Context for Buyer #
Overall 5 of 14
Sector: Staffing 1 of 1
Type: Add-on Acquisition 5 of 13
State: Quebec 1 of 1
Country: Canada 1 of 1
Year: 2007 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2007-09-17 OKERE

New York, New York, United States

OKERE, Inc. is a consulting and IT services company provides strategic planning, design and implementation services in the deployment of customer relationship management (CRM) and business critical custom solutions based on the software-as-a-service (SaaS) model.

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FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2008-05-13 Fujitsu Australia Limited

Sydney, Australia

Fujitsu Australia Limited is a provider of business, information technology (IT) services.

Buy -