ALTRAN TECHNOLOGIES

Altran acquires Lohika, a software engineering services firm - Seite 2

Daniel Dargham, President and CEO of Lohika, added: "In our connected world, software has evolved from disrupting traditional businesses to interconnecting all industries. Altran's global leadership in innovative engineering, multi-industry knowledge and advanced software capabilities, coupled with Lohika's diverse software engineering expertise, will place us at the forefront of the digital transformation of the enterprise. We will be able to extend our services beyond our current client base in Silicon Valley, to the entire Altran portfolio."

Founded in 2001, Lohika is privately held and funded by venture investors including Altos Ventures, Draper Richards, and several private investors. The acquisition is expected to be completed in 2016 and is subject to customary closing conditions.

Legal and Financial Information:
Altran advisors:
- Legal: Latham & Watkins
- Financial, Tax and Legal Due Diligence: EY

Lohika advisors:
- Sell-side advisor: Avendus Capital
- Legal: Fenwick & West

About Altran

As a global leader in Engineering and R&D services (ER&D), Altran offers its clients a new way to innovate by developing the products and services of tomorrow. Altran works alongside its clients on every link in the value chain of their project, from conception to industrialization. For over thirty years, the Group has provided its expertise to key players in the Aerospace, Automotive, Defence, Energy, Finance, Life Sciences, Railway, and Telecoms sectors, among others. In 2015, the Altran group generated revenues of €1.945bn. With a headcount of more than 26,000 employees, Altran has a presence in more than 20 countries.

www.altran.com
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Altran Group
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Tel: + 33 (0)1 46 41 71 89
[e-mail]

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Group Vice-President Communications
Tel: + 33 (0)1 46 41 71 73
[e-mail]

Press relations
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Candice Baudet Depierre, directeur conseil
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Anne Vernois, directeur associé
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PR Altran Acquisition of Lohika

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Source: ALTRAN TECHNOLOGIES via Globenewswire

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