NTT DATA Completes Acquisition of Keane International, Inc.

TOKYO and BOSTON--()--NTT DATA CORPORATION, the Japanese-based leading IT services company (“NTT DATA”, TSE: 9613), and Keane, a US-based IT services firm, today announced that NTT DATA has completed the acquisition of Keane International, Inc. Following the acquisition, Keane International, Inc. and its subsidiaries, including Keane, Inc., will remain outstanding as separate legal entities.

“We are excited to officially be part of the NTT DATA family,” stated John McCain, president and chief executive officer of Keane. “As we align with NTT DATA and their global group of companies, we expect to drive growth by expanding our market reach and bringing greater visibility to our core capabilities.”

Also commenting on the acquisition completion, Bob Khanna, managing director of Citi Venture Capital International (CVCI) and outgoing Keane International Board member, said, “We are pleased for all Keane stakeholders and the positive market impact this acquisition will have. This transaction represents a key milestone in the successful history of Keane.”

This transaction enables NTT DATA to provide fully integrated IT services in the U.S., in addition to the strong global SAP service capabilities it has built to date. NTT DATA plans to further strengthen its support of the NTT DATA group customers through coordination and cooperation between Keane International and the NTT DATA global group companies.

About Keane

Keane, an NTT DATA Company, is an IT services firm headquartered in the US with more than 12,500 professionals worldwide. For 45 years, Keane has been an Application Services specialist with distinguished project management credentials. Today, we offer a flagship suite of Application Services, as well as Infrastructure and Business Process Outsourcing solutions delivered through onsite, nearshore, and offshore resources.

Visit www.keane.com to learn how our projects, managed services, and outsourcing engagements deliver value for a range of businesses and government agencies.

About NTT DATA CORPORATION

NTT DATA is a quoted subsidiary of Nippon Telegraph and Telephone Corporation (“NTT”). It offers a broad range of IT services including consulting, systems integration and IT outsourcing. NTT DATA recorded total revenues of approx. JPY 1.1 trillion (USD 13.7 billion) for the year ended March 31, 2010, and has more than 36,173 employees as of June 30th. NTT DATA has taken various steps to develop its business on a global scale.

For further information please visit:

http://www.nttdata.co.jp/en/index.html

Contacts

Keane, Inc.
Tara Jantzen, 312-305-1771
or
Racepoint Group
Dana Gulick, 781-487-4600
keane@racepointgroup.com

Contacts

Keane, Inc.
Tara Jantzen, 312-305-1771
or
Racepoint Group
Dana Gulick, 781-487-4600
keane@racepointgroup.com