Everything about Sema Group totally explained
Sema Group plc was an Anglo-French
IT services company founded in 1988 by the merger of the British
CAP Group and the French company, Sema-Metra SA. In 2001 Sema Group plc was acquired by
Schlumberger to become
SchlumbergerSema. In 2004 the bulk of the company was acquired by
Atos Origin, but the messaging unit was merged with Taral Networks and spun off as
Airwide Solutions.
Sema was registered in the United Kingdom but headquartered in Paris. Sema originally stood for Société d'Économie et de Mathématiques Appliquées.
History
Sema established the
BAeSEMA naval systems joint venture with
British Aerospace in 1991. The company, which produced naval systems, was dissolved in November 1998 when BAe purchased Sema's 50% share for £77 million.
In 2000 Sema acquired
LHS for €5.1 billion to access its US telecoms software and services businesses. Some analysts blamed the LHS acquisition for a profits warning in 2000 and a 45% fall in its stock market valuation.
Further Information
Get more info on 'Sema Group'.
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