IT firm Logicalis said it has taken a 51 percent stake in a German company.
ITUMA, which is privaly owned, offers wi-fi services including 3D in location navigation, product promotions and retail ordering.
Why is Logicalis interested in this kind of stuff? President and COO Mark Rogers said because it can get exclusive rights to the wi-fi products and services. He said: “[It] is expected to achieve significant market penetration, driven off the back of customers’ investment in wireless or in pre-packaged managed and cloud services.”
He also said that will complement its existing partnership with Cisco and Logicalis will offer services across all the countries it operates in.
The software ITUMA has allows indoor navigation, product information and location.
ITUMA CEO Simon Marg said that the deal will allow it to spread its wings to Logicalis’ customers and companies across the world.
