Syncroness Looks Forward to a Global Presence After Strategic Acquisition by the ALTEN Group

ALTEN Group, the €1.7 billion European leader in Technology Consulting and Engineering, today announced the acquisition of Syncroness, Inc., a Colorado-based industry leader in engineering services and product development. The new acquisition allows ALTEN Group to grow its USA based operations and expand into a more comprehensive product offering internationally. Syncroness brings advanced, project-based, engineering solutions to clients with a strong focus on quality, speed, and customer satisfaction.

"We are excited to welcome an innovative company with strong design and development expertise to the ALTEN family," said Gerald Attia, Deputy CEO of ALTEN Group. "The combination of our strengths in the latest technologies, agile processes, and engineering solutions will help us deliver far greater value to our clients, something that the ALTEN Group has been known for, for over 25 years."

Through the acquisition, Syncroness will provide more value to clients by leveraging ALTEN Groups' global pool of technical talent and innovation centers. The ALTEN Group, through its USA based subsidiaries, offers Consulting, Enterprise IT, and Product Engineering Services to clients globally. The acquisition allows Syncroness to extend engineering services, advanced research and development, and technology consulting to clients in North America and beyond.

"This acquisition gives us the ability to deliver full engineering development solutions with a company whose values and culture align perfectly with Syncroness," said Mike Walraven, CEO of Syncroness. According to Walraven, the acquisition comes at an opportune time as the economy and market continue to improve, creating more opportunities for growth. "This acquisition gives us immediate access to a wider population of clients that can benefit from our services."

"Many of our clients are looking for technically advanced product development and engineering solutions. With Syncroness’ technical acumen and processes, we can now offer the best people, process, and technology capabilities to our clients worldwide," said Mark Henault, CTO of Syncroness. “We look forward to a bright future as part of the ALTEN family.”

About ALTEN Group: 

As a world leader in engineering and technology consulting, ALTEN carries out research and developmental conception projects for leading companies in the industrial, telecommunications and services sectors (Technical Departments and IT Departments) around the world. Created in 1988, the ALTEN group has nowadays a workforce of over 26,200 in 20 countries, 90% of which are top engineers. Its turnover reached 1.748 billion€ in 2016.

Clients: Airbus, Total, Volvo, Safran, Orange, Alstom, PSA, Renault, Bouygues, SFR, EDF, Volkswagen, BMW, BNP Paribas, Thales, Technip, ENGIE…

For more information, visit www.alten.com

About Syncroness: For more than 19 years, Syncroness has provided inspired solutions to highly complex business and technical problems. The company has a strong portfolio of clients in the aerospace, medical device, industrial, and consumer markets. By providing a full complement of engineering services aligned to the entire product lifecycle, Syncroness enables companies to accelerate product development and drive more predictability and productivity into their businesses. Working with Syncroness, companies gain the critical insights necessary to develop products that make a difference and create a better world. Syncroness is based in Westminster, Colorado.  www.syncroness.com.

For more information about Syncroness contact: media@syncroness.com or follow us on twitter @Syncroness

Source: Syncroness, Inc.


Categories: Business to Business, Project and Program Management, Engineering

Tags: acquisition, Aerospace, Alten, Automotive, Colorado, Engineering Services, global engineering, Medical Device, product design, Product Development, product lifecycle management, small business


About Syncroness, Inc.

View Website

Syncroness was founded to transform technical product development. We offer full product lifecycle management by bringing new designs to fruition, sustaining legacy products, and maximizing precision of machine solutions.