MERLION shares in capital of OTR

11 october 2017

The goal is to form a major player on the Russian IT market with unprecedented capabilities in the field of development, integration and service of complex IT systems.

ОТР

MERLION, the leading company in the Value Added Distribution market in Russia, announced its sharing in the capital of OTR, one of the leading consulting companies in the field of IT and system integration, specializing in complex IT solutions for financial organizations, government agencies and enterprises in different industries.

The strategic goal of both core companies is to form the biggest player on the Russian IT market with unprecedented capabilities in the field of supply and integration of IT solutions with further service of such systems. The existing organizational structure and top management of OTR will remain unchanged.

With a combination of OTR’s competencies in the field of design, development and integration of software products together with MERLION’s capabilities and experience in selection, configuration and assessment of software and hardware systems for compatibility will allow to reach a new higher level of IT services available to customers in Russia.

The largest product portfolio on the IT market, including solutions developed by world's leading and Russian IT companies, as well as the highest level of logistic support created by MERLION will be augmented with OTR's R&D center and the unique service network that allows to provide 24/7 technical support worldwide.

On the other hand, advanced developments of OTR with their unique experience in development of complex software platforms and applications servicing users from 150,000 organizations with over one million transactions everyday will be supported through a wide range of available hardware solutions and MERLION’S supply channel, which unifies the resources of world’s leading and Russian IT companies and their partners.

MERLION’S Director General Dmitry Vinogradov said: “MERLION and OTR have a long history and experience in successful partnership and teamwork. For many years both companies have been playing a key role in implementation of the most important large-scale IT projects for commercial and state companies. For MERLION, which wants to intensify the development of the VAD segment, it is very important to find a way to strengthen their positions on the system integration market. We have chosen the most efficient way, i.e. sharing in the capital of OTR, the most successful company in the segment. I believe that it is difficult to overestimate a positive synergetic effect of our close cooperation. But the most important thing is that this cooperation will contribute to the quality of IT services, reliability and efficiency of project implementation. These are the requirements of our business partners we are expected to meet. We appreciate a new phase in our cooperation and we are happy to make a relatively substantial contribution in order to enhance the level of IT services and digital transformation of the market that complies with the highest world and Russian standards.”

President of OTR Dmitry Rybakov said: “Today, OTR has over 40 points of presence, from Kaliningrad to Kamchatka. By combining our experience in development and integration of IT systems of any complexity and capabilities of MERLION'S supply channel and logistic support along with related competencies of the leading Russian VAD distributor, we can create a market player with really unprecedented capabilities. Such a company will be supported by foreign and Russian IT companies and will earn a reputation among customers of different levels in all key industries”.

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