NTT Corporation announced plans to acquire all outstanding shares of NTT DATA Group through a tender offer, aiming to make its IT services arm a wholly owned subsidiary. The move is designed to eliminate decision-making complexity and align growth strategies under a unified governance structure. The tender offer, priced at JPY 4,000 per share, will run from May 9 to June 19, targeting 592.8 million shares not already held by NTT.
The initiative is part of NTT’s broader strategy to accelerate the global expansion of its solutions business. By bringing NTT DATA fully under its corporate umbrella, NTT aims to enhance investment agility, streamline governance, and foster deeper coordination between its core and subsidiary operations. The consolidation will enable shared use of group assets, accelerated deployment of AI-driven services, and an expanded presence in high-demand markets such as North America.
NTT plans to fund the acquisition with bridge loans from five Japanese financial institutions, to be refinanced later through long-term instruments. The company expects the integration to unlock synergies across sales, R&D, and internal operations, while preserving its commitment to financial discipline and shareholder returns.
- NTT will acquire remaining NTT DATA shares through a JPY 4,000/share tender offer running May 9 – June 19, 2025.
- The deal aims to simplify governance, improve capital efficiency, and centralize decision-making.
- Post-acquisition, NTT plans to boost investment in AI services, data centers, and digital engineering.
- Synergies will be realized across enterprise sales, IT-BPO integration, and AI implementation via internal R&D.
- Financing will begin with bridge loans, followed by a shift to long-term capital to maintain financial soundness.
“By making agile growth investments in response to rapid environmental changes, the growth of NTT DATA Group will accelerate the growth of NTT Group as a whole,” the company stated in its presentation.
- NTT DATA is one of the world’s largest IT services firms, with a significant global footprint in data center infrastructure, systems integration, and digital transformation services. As of 2025, NTT DATA operates over 190 data centers across more than 20 countries, forming part of the broader NTT Global Data Centers business, which ranks among the top three globally by capacity. Its facilities span major markets including North America, Europe, and Asia-Pacific, supporting mission-critical infrastructure for enterprise and government clients. NTT DATA is investing heavily in AI-optimized infrastructure, green energy, and edge computing to meet rising demand from hyperscale and enterprise clients. Originally spun out from Nippon Telegraph and Telephone Corporation in 1988 to focus on information systems, NTT DATA expanded aggressively through both organic growth and acquisitions. In 2010, it acquired Dimension Data’s IT services unit in a landmark deal that significantly increased its global presence. The relationship between NTT DATA and NTT Ltd. was restructured in 2022, bringing together international operations under the NTT DATA brand to streamline go-to-market strategies and unify global capabilities. This integration marked the final phase of absorbing Dimension Data’s assets into a single, cohesive global services business.
- NTT DATA has been actively expanding its data center portfolio to support the exponential growth in AI, cloud, and enterprise services. Notable expansion projects include new hyperscale campuses in Virginia, Frankfurt, and Osaka, with additional facilities underway in India, Indonesia, and South Africa. The company is also focusing on sustainable infrastructure with commitments to 100% renewable energy in its new builds. A cornerstone of its international growth was the acquisition of RagingWire Data Centers in the United States, which provided a critical foothold in the North American market. This move was followed by the integration of data center assets under the NTT Global Data Centers brand, now a central pillar of NTT DATA’s long-term digital infrastructure strategy.
- In Europe, NTT DATA has expanded its presence through both organic investments and strategic acquisitions. A key move was the acquisition of e-shelter in 2015, one of the largest data center operators in Germany, which provided NTT with a strong footprint in Frankfurt and other major European hubs. This acquisition helped establish NTT’s position in the European colocation market and laid the foundation for continued investment in hyperscale facilities across the region. Since then, NTT DATA has launched new data centers in London, Vienna, and Madrid, with additional capacity planned in the Netherlands and the Nordics to meet surging AI and cloud demand. These investments are part of a broader initiative to position Europe as a core growth region for NTT’s global digital infrastructure platform.