MA: TÜV Rheinland Acquires OpenSky Corp.

Jan. 9, 2014
TÜV Rheinland has acquired OpenSky Corp., a provider of information technology (IT) consulting services.

TÜV Rheinland has acquired OpenSky Corp., a provider of information technology (IT) consulting services.

Merging OpenSky into TÜV Rheinland will allow both companies to draw on each other’s strengths, combine services and expertise for the benefit of their customers and advance their positions in the IT market. OpenSky will continue to operate as a separate business unit, with the executive and management team staying in place under the leadership of current President and CEO, Roger Levasseur.

Based in Tolland, Conn., OpenSky helps large enterprises streamline IT infrastructures, protect information assets and accelerate the adoption of strategic technologies. OpenSky is an independent IT consulting firm focused on Transformational IT Infrastructure, Security and Compliance. The company’s extensive technology expertise, combined with deep industry experience, allowed it to successfully deliver over 750 projects to Fortune 500 companies. 

CEO of TÜV Rheinland Manfred Bayerlein, stated, “For TÜV Rheinland, this is an important step into the world’s biggest IT market. The merger with OpenSky will allow us to grow our services globally and support our international customers in the U.S. Our customers often have a holistic demand for IT infrastructure and cyber security services, and we can fulfill this demand as we are now one of the leading, independent IT providers of services .”  

According to TÜV Rheinland, the U.S. is the largest market for IT and IT security solutions, ahead of Europe, Asia, the Middle East and Latin America. Analysts predict that by 2023, the U.S. will be investing more than $90 billion in cyber security. Synergy between OpenSky’s IT services and TÜV Rheinland’s  testing and certification services in the energy, medical devices and smart grid industries, to name a few, will offer an integrated portfolio of services and expertise to their clients. With the current acquisition of OpenSky and the recent acquisition of Secaron in Germany, TÜV Rheinland has more than doubled its capacity and revenue in the IT security and infrastructure space, to 270 employees and over $60 million. The partnership with OpenSky will enable TÜV Rheinland’s customers to quickly pick up on key IT security trends and innovations and implement them in a timely manner.

“In the past, companies used to focus on implementing IT measures and controlling the infrastructures themselves; today, the focus has shifted to managing virtual worlds. TÜV Rheinland already assists a wide range of large and medium sized enterprises with their IT solutions, “ said Gerhard Luebken, chief regional officer TÜV Rheinland in North America. “With OpenSky expertise, experience, and reach, we will be able to develop additional markets in other regions and eventually provide broader solutions to our existing client base.”

“OpenSky chose to work with TÜV Rheinland based on our ability to continuously  deliver on our core strengths, including focus on the customer, vendor independence, and high-quality solutions,” Levasseur said.  “Additionally, we are excited about building our expanded capability to serve our global U.S. clients wherever they exist. We believe that these values and approach are important to companies today as they face greater challenges in IT optimization and security.”