PARIS, July 28 (UPI) -- France Telecom acquired 72 percent of total shares in the Diwan group in an effort to bolster its business communications services.
The buyout is subject to approval by the French competition authorities, as the two French companies aim to converge their Internet Protocol-based network.
"This acquisition fits perfectly with our strategy to develop services, especially in the integration services business. Therefore, joining forces with the DIWAN Group, a leading player in integration, will mean heightened complementarity. Today, thanks to our global presence and to our 3,000 services specialists, we are assisting businesses in their IP transformation and managing their critical applications," said Barbara Dalibard, executive vice president of Orange Business Services, the mobile arm of France Telecom.
