Rosh Haayin, Israel – February 24, 2008 – Gilon Business Insight Ltd., a leading business intelligence consulting group, today announced the completion of its acquisition of Ereteam, a privately-held, leading BI consulting company based in Turkey. Business Intelligence is a fast growing market in Turkey, and the acquisition present yet another step forward in fulfilling Gilon’s vision to expand its global European presence.
Ereteam, based in Istanbul, is a software consulting, training and maintenance company with core competencies in business intelligence and corporate performance management solutions and tools. Following the deal’s closing, Ereteam and its employees will become a part of the Gilon BI Group, currently operating in various European countries.
“The acquisition of Ereteam reflects Gilon BI’s strategy to expand the global activity of the group, positioning it as a leading consulting and integration company for advanced BI solutions. The Gilon Group has presence in Israel, Poland, Slovenia and now Turkey with project-based activities in additional European countries and the US”, said Oren Sagi, VP Business Development of Gilon BI. “The group’s global activity is largely dependent on the extensive knowledge accumulated in Israel through hundreds of business intelligence and business performance management projects. Today, upon the completion of Ereteam’s acquisition, we strive to create a full synergy between the group’s companies to insure long term growth and profitability”.
“We are very happy to join the Gilon group, giving us the opportunity to become a part of a global company and enabling us to provide our customers with a broader range of BI services and solutions.” said Kutlay Erdal ×im÷ek, Ereteams managing Director. “Integrating our experience in Turkey with Gilon’s extensive BI know-how will create a powerful combination”.

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