PSI Polska Sp. z o.o. takes over a 100% interest in BTC Business Technology Consulting Sp. z o.o.

On May 1st 2019, PSI Polska Sp. z o.o. acquired 100% of shares in BTC Business Technology Consulting Sp. z o.o. headquartered in Poznań from BTC AG. Along with the shares, PSI Polska took over the segment of power network control systems based on the BTC PRINS® software and power engineering automatic control equipment.

The acquisition of shares in BTC Business Technology Consulting Sp. z o.o. resulted from the agreement signed by BTC AG and PSI Software AG on November 21st 2018, under which PSI acquired BTC’s assets connected with the BTC PRINS® network control system. BTC PRINS® is used by many clients, also in Poland, including by PGE Dystrybucja S.A.

Following the acquisition, the PSI AG Group has now a European team of more than 800 experts in electricity distribution and transmission management software. This gives us a major competitive edge over any other player in this market in Poland – said Arkadiusz Niemira, President of the Board of PSI Polska. PSI’s Polish team is now more than 270 strong, including 29 employees of BTC.

Both PSI Polska and BTC Polska are committed to continue implementation of all on-going projects and to provide support to all existing clients. After the acquisition of BTC, we are now able to offer a broader portfolio of products, higher investment security, and better access to state-of-the-art solutions developed in partnership with clients all over the world.