JSE-listed tech firm Datatec has acquired 70% of Cilnet, a Portugal-based Cisco systems integrator and managed services business.
Datatec announced its subsidiary, Logicalis has bought 70% stake in Cilnet.
The company, which is valued at more than R billion, said the transaction will increase Logicalis’ Cisco technical expertise for the Iberian region.
It also complements the existing Spanish operation with a data centre, collaboration, networking, infrastructure and managed services capabilities.
Cilnet was founded in 2000 and has over 90 employees, including 8 Cisco Certified Internetwork Experts (CCIEs).
The company designs and integrates networking, data centre and contact centre solutions, complemented with security, managed services and application development skills. Annual revenues are approximately €20 million.
In addition, Logicalis Germany has acquired Orange Networks, a Microsoft services business focused on Microsoft cloud and managed services, with Germany wide presence including Hamburg, Munich, Offenbach and Düsseldorf.
The company said this acquisition advances Logicalis Germany to Microsoft Gold Certified Partner status and enhances its hybrid cloud offering.
Orange Networks was founded in 2004 with its headquarters in Hamburg. It has 36 employees whose strategic and technical expertise in Microsoft cloud technologies and innovation enable it to support its customers’ digitisation projects by providing a broad offering of consulting services, development, deployment, and managed services across the Microsoft portfolio. Annual revenues of Orange Networks are approximately €5 million.
“Both these acquisitions bring additional expertise and experience that will prove valuable to Logicalis’ existing client base in Europe, “Jens Montanana, Datatec’s Chief Executive Officer, said.
“Cilnet will augment our Cisco offerings across the whole region of Iberia, increasing our capabilities and expanding our service portfolio. “Orange Networks’ Microsoft Azure skill sets in the cloud space will provide additional expertise and experience both in Germany and other parts of Europe”.