Business Wire

Arcwide Expands its Market Position in Germany, Switzerland, and Austria with Acquisition of bytics Group

Share

Arcwide, the joint venture of BearingPoint and IFS dedicated to the deployment of IFS Cloud services, announces it has acquired bytics Group AG. As a certified IFS Gold Partner, bytics provides all kind of services around sales and marketing, reselling, implementation and configuration, as well as maintenance and support of IFS business software.

The goal of this strategic move between Arcwide and bytics is to provide clients with complete end-to-end services, supporting the increasing demand for IFS software and solutions, particularly in Germany and Switzerland.

The bytics team has more than ten years of IFS expertise and is currently operating from three locations in Switzerland and Germany. Bytics supports companies in their digital transformation, offering a broad range of AI components for data harmonization and migration.

As global demand for IFS Cloud consulting increases, Arcwide is set to be a market leader by combining BearingPoint’s world-class business technology consultancy with the top-tier cloud innovation of IFS, and is on track to become the IFS delivery partner of choice for enterprise organizations worldwide. This strategic move has now made Arcwide the market leader for IFS consulting in Germany, Switzerland, and Austria.

Philippe Chaniot, Arcwide CEO, comments on the acquisition: “With the acquisition of bytics, we have established the key foundations for Arcwide's future expansion in Germany, Switzerland and Austria. We are delighted to welcome a team of experts that are a perfect fit for our Arcwide team. This move equips us for further, faster growth, allowing our clients to benefit from higher capacity and thus a faster project execution.”

Pascal Eltschinger, CEO of bytics Group AG, adds: “At Arcwide, we found the same vision and values that bytics lives by every day. I am confident that our team will integrate seamlessly with Arcwide. Our clients will gain access to a wider range of services and sustainable solutions for their faster digital transformation. I look forward to supporting the Arcwide team and writing the next chapters of this success story in the IFS market.”

-ENDS-

About Arcwide

Arcwide is a joint venture with a truly unique business transformation proposition: uniting technology innovation and professional services to help companies accelerate value realization. Combining the world-class business technology consultancy of BearingPoint with the best-in-class cloud technology and innovation of IFS, Arcwide expands the successful and well-established partnership between the two companies, which have been working in lockstep since 2017 to create significant value for their mutual clients around the world.

Arcwide.com

To view this piece of content from cts.businesswire.com, please give your consent at the top of this page.

Contact information

Dr. Philipp Fahr
Regional Leader Germany, Switzerland, Austria
philipp.fahr@arcwide.com

About Business Wire

For more than 50 years, Business Wire has been the global leader in press release distribution and regulatory disclosure.

Subscribe to releases from Business Wire

Subscribe to all the latest releases from Business Wire by registering your e-mail address below. You can unsubscribe at any time.

Latest releases from Business Wire

Geoswift Launches Visa Direct to Enhance Cross-Border Payment Offers in Over 30 Countries30.4.2025 04:00:00 EEST | Press release

Geoswift announced today the integration of Visa Direct with Geoswift's cross-border payments platform. Visa Direct facilitates payouts to more than 140 countries and territories. The integration will enable payouts in 32 countries and territories, across 13 currencies, covering major markets in Asia Pacific, North America, Europe and Middle East, with plans for more in the future. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250423288249/en/ Bryan Ma, SVP, Head of Geoswift Global Payments, and Swapnil Mhasde, Head of Visa Direct Commercialization and Solutions, Asia Pacific, celebrating the launch in Singapore. Geoswift is a leading provider of cross-border payment services and solutions globally. With over two decades of innovation, it has become a trusted name in B2B, education, eCommerce, remittance, and travel payment use cases. Raymond Qu, Group CEO of Geoswift, stated, "At Geoswift, our vision has always been to del

Logitech Announces Q4 and Full Fiscal Year 2025 Results29.4.2025 23:03:00 EEST | Press release

SIX Swiss Exchange Ad hoc announcement pursuant to Art. 53 LR — Logitech International (SIX: LOGN) (Nasdaq: LOGI) today announced financial results for the fourth quarter and full Fiscal Year 2025 ended March 31, 2025. For Fiscal Year 2025: Sales were $4.55 billion, up 6 percent in US dollars and 7 percent in constant currency, compared to the prior year. GAAP operating income was $655 million, up 11 percent compared to the prior year. Non-GAAP operating income was $775 million, up 11 percent compared to the prior year. GAAP earnings per share (EPS) was $4.13, up 7 percent compared to the prior year. Non-GAAP EPS was $4.84, up 14 percent compared to the prior year. Cash flow from operations was $843 million. The year-ending cash balance was $1.5 billion. The Company returned $797 million of cash to shareholders through its annual dividend payment and share repurchases. For Q4 Fiscal Year 2025: Sales were $1.01 billion, flat in US dollars and up 2 percent in constant currency, compared

U.S. Patent and Trademark Office Invalidates Pharmacyclics Patent Asserted Against BeiGene29.4.2025 22:32:00 EEST | Press release

BeiGene, Ltd. (NASDAQ: ONC; HKEX: 06160; SSE: 688235), a global oncology company that intends to change its name to BeOne Medicines Ltd., today announced that the U.S. Patent and Trademark Office (USPTO) rendered a Final Written Decision invalidating all claims of Pharmacyclics LLC’s (Pharmacyclics) U.S. Patent No. 11,672,803 (the ‘803 patent) that were challenged by BeiGene in a post-grant review (PGR) proceeding. On November 1, 2023, BeiGene filed a PGR petition with the USPTO challenging the validity of certain claims of the ‘803 patent, in response to a patent infringement lawsuit Pharmacyclics brought against BeiGene concerning BRUKINSA® (zanubrutinib). On May 1, 2024, the USPTO granted BeiGene’s petition to institute the PGR. The USPTO’s Final Written Decision is appealable by Pharmacyclics. Commenting on the ruling, BeiGene General Counsel Chan Lee said: “We are pleased that the USPTO invalidated all challenged claims of the ‘803 patent. Today’s decision reinforces our belief th

One out of Three Secure Civil IDs Delivered Each Year Is Powered by Thales29.4.2025 17:50:00 EEST | Press release

Each year, Thales powers one in three smart civil IDs (official electronic documents) issued worldwide, highlighting the company’s key role in shaping the future of identities and helping governments and citizens transition smoothly to digital. With its Civil Identity Suite, Thalesenables the issuance and management of both physical and digital identities, as well as all means of enrolling citizens and enabling seamless ID verification for access to services, both in-person and online. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250429687137/en/ Thales Civil Id Suite (Photo: Thales Shutterstock) Thales, a global leader in advanced technologies and #1 global leader in ID documents, has recently earned the new title of #1 provider of Digital ID solutions as recognized by Juniper Research (2024). With unmatched experience and scale, Thales empowers governments to modernise their identity systems, ensuring they meet the deman

Andersen Global Enhances European Valuation Capabilities through Collaboration with Value & Risk Valuation Services29.4.2025 16:30:00 EEST | Press release

Andersen Global continues to strengthen its valuation capabilities through a Collaboration Agreement with Value & Risk Valuation Services, a prominent European valuation firm headquartered in Germany with offices in Luxembourg and Austria. Founded in 1996, Value & Risk Valuation Services is a management-owned firm specializing in the valuation of financial assets across diverse asset classes and varying complexities. The firm also provides complementary services, including independent price verification (IPV), risk analysis, and transaction cost analysis. Since 2009, the company has been led by Gil Bender, who is dedicated to delivering high-quality, client-centric valuation solutions. As one of the few European providers offering external valuation services in compliance with the European Alternative Investment Fund Managers Directive (AIFMD), Value & Risk upholds the highest industry standards for regulatory compliance and service excellence. “Since our inception, we have focused on

In our pressroom you can read all our latest releases, find our press contacts, images, documents and other relevant information about us.

Visit our pressroom
World GlobeA line styled icon from Orion Icon Library.HiddenA line styled icon from Orion Icon Library.Eye