Acquisition History / Telefónica (Telefónica España) / Altim
Telefónica (Telefónica España) Acquires Altim
Announced March 12, 2026 — $35.1M
What happened
Telefónica closed the acquisition of 100% of Altim, a Las Rozas (Madrid) SAP consultancy founded in 2001 with 125 employees and 150+ corporate clients, specialising in S/4HANA migrations.
- Acquirer
- Telefónica (Telefónica España)
- Target
- Altim
- Announced
- March 12, 2026
- Price
- $35.1M
- Industry
- IT services / SAP consulting
- Buyer type
- Strategic acquirer
- Status
- Closed
By the numbers
Frequently Asked Questions About This Acquisition
When did Telefónica (Telefónica España) acquire Altim?
Telefónica (Telefónica España) acquired Altim on March 12, 2026. This was Telefónica (Telefónica España)'s 1st publicly tracked acquisition out of 1 we have on record.
How much did Telefónica (Telefónica España) pay for Altim?
Telefónica (Telefónica España) paid $35.1M for Altim.
What does Altim do?
Telefónica closed the acquisition of 100% of Altim, a Las Rozas (Madrid) SAP consultancy founded in 2001 with 125 employees and 150+ corporate clients, specialising in S/4HANA migrations.
What other IT services / SAP consulting companies has Telefónica (Telefónica España) acquired?
Altim is Telefónica (Telefónica España)'s only publicly tracked acquisition in IT services / SAP consulting so far.