Sopra Steria to acquire Ordina for $555m.

Sopra Steria, a consulting, digital services and software development company, offered to acquire Ordina, a digital business company, for $555m. “Sopra Steria’s strategy is anchored on a Europe-wide independent corporate plan underpinned by expansion through organic and acquisition-led growth. Its goal is to generate substantial added value by leveraging a comprehensive range of end-to-end solutions and its combination of technology and sector-specific expertise. The proposed acquisition of Ordina would be an acceleration of our strategy. It would materialize our ambition of building a European player with a balanced geographical portfolio. The combination would also reinforce our business in strategic sectors such as public, defence & security, financial services and transport. That will help to confirm Sopra Steria’s robust positioning in digital sovereignty and trust for its European clients,” Pierre Pasquier, Sopra Steria Chairman.