OSLO, Norway, Sept. 19, 2016 /PRNewswire/ -- Bouvet
Stockholm AB, a service provider of information technology, digital
communication and enterprise management, today announced an
agreement with Ciber, Inc. (NYSE: CBR), a leading global
information technology consulting, services and outsourcing
company, to acquire its business in Sweden. Ciber Sweden includes 31 employees
that will transition to Bouvet upon closing, which pending
regulatory consideration, is expected to occur in September 2016.
"I am happy to welcome Ciber Sweden to Bouvet. Together
Ciber and Bouvet have a strong client base and have matching
competencies and culture. This will strengthen our delivery
capacity for development of digital solutions in Stockholm," said Bouvet Sverige Chief
Executive Officer Jonna Nordén.
The acquisition of Ciber Sweden further strengthens Bouvet's
focused regional model. As a turnkey supplier for clients with
local operations, the company maintains a strong presence in
Norway and Sweden, where it has 14 local offices.
"This acquisition is highly complementary to our regional model
and represents a strong fit for our strategy to expand in the
attractive Swedish market," said Bouvet Chief Executive Officer
Sverre Hurum. "Bouvet is building
expertise in Scandinavia and emphasizes our strong local presence
including a deep understanding of our customers' language, culture
and business."
"We are continuing to execute our strategy of streamlining
operations and focusing on core strengths," said Ciber President
and Chief Executive Officer Michael
Boustridge. "We are confident that Bouvet's deep roots in
the market will help provide our valued Ciber Sweden customers and
employees with a seamless transition."
About Bouvet ASA
Bouvet is a Scandinavian consultancy with 1030 employees, which
delivers advisory, and development services within the field of
information technology and digital communications. Bouvet is listed
on the Oslo Stock Exchange.
For more information, visit www.bouvet.no/www.bouvet.se
About Ciber, Inc.
Ciber is a global IT consulting company with approximately 5,500
employees in North America,
Europe and Asia/Pacific. Ciber partners with
organizations to develop technology strategies and solutions that
deliver tangible business value. Founded in 1974, the company
trades on the New York Stock Exchange (NYSE: CBR). For more
information, visit www.ciber.com and follow us on Twitter,
LinkedIn, Facebook, Google Plus and our blog.
Forward Looking Statements
This press release contains forward-looking statements within
the meaning of the Private Securities Litigation Reform Act of 1995
relating to Ciber's operations, results of operations and other
matters that are based on Ciber's current expectations, estimates,
forecasts and projections. Words, such as "anticipate," "believe,"
"could," "expect," "estimate," "intend," "may," "opportunity,"
"plan," "positioned," "potential," "project," "should," and "will"
and similar expressions, are intended to identify these
forward-looking statements. These statements are not guarantees of
future performance and involve risks, uncertainties and assumptions
that are difficult to predict. Forward-looking statements are based
on assumptions as to future events that may not prove to be
accurate. For a more detailed discussion of these risks, see the
information under the "Risk Factors" heading in Ciber's Annual
Report on Form 10-K for the year ended December 31, 2015, and Ciber's Quarterly Report
on Form 10-Q for the three months ended June
30, 2016, and other documents filed with or furnished to the
Securities and Exchange Commission. Other than as required by law,
Ciber undertakes no obligation to publicly update any
forward-looking statements in light of new information or future
events. Readers are cautioned not to put undue reliance on
forward-looking statements.
Contact
Sverre Hurum
Bouvet ASA, CEO
Tel: +47 91 35 00 47
E-mail: sverre.hurum@bouvet.no
Jonna Nordén
Bouvet Sverige AB, CEO
Tel: +46 70-943 14 50
E-mail: jonna.norden@bouvet.se
Scott Kozak
Ciber, Global Communications, Investor and Industry Relations
Tel: 303-967-1379
E-mail: skozak@ciber.com
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SOURCE Ciber, Inc.; Bouvet ASA