The South African technology firm EOH has bought Aptronics, a local high-end data centre and end user computing space business that provides networking, virtualisation, servers, and storage and infrastructure solutions.
The company will buy 100% of Aptronics for R194 million in cash and issue of EOH shares.
The deal is subject to normal regulatory approvals.
Anil Pema, CEO of Aptronics, believes that in joining EOH, Aptronics can bring a much wider range of value-adding solutions to its existing customer base, complementing its existing services.
“The cultural fit and shared value systems of EOH and Aptronics made EOH a natural home for our organisation”, says Pema.
Aptronics has been in business for over 20 years with turnover in excess of R500 million and over 200 large enterprise customers.
“This enhances EOH’s existing service offerings and improves EOH’s capability in the high-end data centre and infrastructure space”, says Rob Godlonton, CEO of EOH ICT Solutions.
“Aptronics operates across all key industry verticals and already works with many of EOH’s existing technology partners. Our combined value proposition will strengthen our relationships with both our joint customer base and our technology partners”, says Godlonton.
“Joining the broader EOH platform enables Aptronics to reach many more customers, expand geographically and enhance its delivery capacity. Our staff are fully on board, management is ‘fired-up’ and as an executive team, we are excited by this natural evolutionary step”.