Cirquent

Last updated
Cirquent
Company type GmbH
Industry IT, Consulting and Professional services
Founded1971 (as Softlab)
Defunct2012 (2012)
FateAcquired by NTT Data
Headquarters,
Key people
Thomas Balgheim, Chairman
Bernd Stroppel
ProductsConsultancy Services
RevenueIncrease2.svg €216 million (2009)
Number of employees
about 1.600 (2009)
Website www.cirquent.com

Cirquent (formerly Softlab Group) [1] was a subsidiary of NTT Data that provides IT, consulting and professional services. [2] The company's headquarters were in Munich, Germany, with offices in Austria, Switzerland and the UK. The company specialized in developing custom software, integrating third-party systems, and providing consulting services.

Contents

History

Cirquent Ltd, a fully owned subsidiary of Cirquent GmbH, was founded in the UK, as Softlab Ltd., in 1989, to sell and support the Maestro I product line. Initially based in Hammersmith, the company expanded with the launch of Maestro II, a software development environment used by British Gas plc and Barclays Bank.

Softlab was purchased by BMW AG in the 1990s and following the purchase of Rover Group by BMW, Softlab Ltd. acquired AT&T Istel's Rover Group services, increasing in size from about 60 staff to one of over 500. With the acquisition came a move of headquarters near Birmingham. The business moved from software tools to CRM and Contact center system integration. In 2001, BMW Group sold Rover, and soon after the automotive team was sold to Computer Sciences Corporation.

Softlab continued to focus on CRM software and contact centre projects, partnering with Microsoft (Dynamics CRM), Oracle (Siebel), Genesys, Interactive Intelligence, CDC (Pivotal) and BMC (Remedy).[ citation needed ]Other customers include Allianz Germany, BMW Group, Deutsche Börse, Heidelberger Druckmaschinen, Kabel Deutschland, Munich Re, O2, and T-Mobile [ citation needed ].

Acquisition and consolidation

Following acquisitions, in 2008, Softlab was rebranded Cirquent. [3] [4] Later that year, NTT Data acquired a majority stake in Cirquent. [5] In 2012, Cirquent was consolidated under the NTT Data brand. [6]

References

  1. Siegner, T.; Sulzmaier, S. (2014). Reality Bites - Best Practices & Erfolgsfaktoren im B2B-Marketing: Best Practices & Erfolgsfaktoren im B2B-Marketing. Haufe Fachbuch (in German). Haufe Lexware. p. 74. ISBN   978-3-648-05698-1 . Retrieved February 19, 2018.
  2. "NTT Data buys Dell's IT services business for $3.1bn". Financial Times . September 7, 2017. Retrieved February 19, 2018.
  3. "Introducing NTT DATA and BMW – a global partnership that goes beyond technology | NTT DATA". uk.nttdata.com. Retrieved 2025-09-25.
  4. "BMW GROUP: NTT DATA TAKES OVER MAJORITY OF CIRQUENT". www.press.bmwgroup.com. Retrieved 2025-09-25.
  5. "NTT Com to acquire German security specialist for €75m | Fierce Network". www.fierce-network.com. 2009-06-29. Retrieved 2025-09-25.
  6. "Cirquent geht - NTT Data kommt". Computerwoche (in German). Retrieved 2025-10-08.