Logicalis has written a cheque for Siticom, which specialises in network infrastructure and 5G.
The deal, the terms of which were not disclosed, gives Logicalis access to an 11-year-old business that has a staff of 130 experts based in five German locations, and will be the foundation of an EMEA centre of expertise in 5G networks.
Logicalis CEO Bob Bailkoski said: “The strategic decision to acquire Siticom is driven by the growing demand for broadband services and fibre optics expansion as we continue to deliver speed, scale and agility for global customers. As a Cisco Global Gold Partner, we are already developing SD-WAN solutions and together with Siticom we can build on our partnership to create end-to-end 5G offerings for the business of the future.”
Jürgen Hatzipantelis, co-managing director at Siticom, said that the deal would give it the chance to support more global customers. “Our advanced networking expertise combined with Logicalis’ global reach opens up new markets for both businesses. As a global MSP, Logicalis will assist with growing Siticom and building the institutional foundations required to scale the business while preserving our culture of openness and innovation.”
