Dimension Data has completed the acquisition of European multinational business solutions and communications services company, NextiraOne.<\/p>\n
The buy will give the South African founded firm access to over 43,000 private and public sector clients across Europe, the company said in a statement issued on Tuesday (4 February).<\/p>\n
DiData, which was taken over by\u00a0Nippon Telegraph and Telephone, in\u00a02010, will\u00a0take over NextiraOne’s businesses and 1,850 employees in two parts:<\/p>\n
In the first part, the company will take over operations in Austria, Belgium, the Czech Republic, Germany, Hungary, Ireland, Luxembourg, the Netherlands, Poland, Portugal, Slovakia, Spain and the United Kingdom.<\/p>\n
The second part will see the acquisition of operations in France and Italy in mid-2015, depending on certain performance conditions.<\/p>\n
According to Dimension Data group CEO, Brett Dawson, the group aims to double its revenue over the next five years to US$12 billion.<\/p>\n
The company’s future strategy is to take the combined portfolios of both companies to the small and medium business, commercial, public sector, and enterprise markets, Dawson said in the statement.<\/p>\n
“The purchase of NextiraOne is the first major step on this five-year journey,” he said.<\/p>\n
NextiraOne will be rebranded to Dimension Data over the next three months, with the groups’ Europe CEO, Andrew Coulsen maintaining his role and leading the integration.<\/p>\n
Dimension Data did not disclosed the cost of the acquisition.<\/p>\n
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