Dimension Data has acquired certain subsidiaries of NextiraOne, a European company that is involved in the area of business solutions and communications services.
The two-part transaction will see Dimension Data acquire NextiraOne’s businesses and its 1,850 permanent employees in Austria, Belgium, the Czech Republic, Germany, Hungary, Ireland, Luxembourg, the Netherlands, Poland, Portugal, Slovakia, Spain and the United Kingdom.
The company will look to add on NextiraOne’s operations in France and Italy in mid-2015, subject to the achievement of certain performance conditions.
Brett Dawson, Dimension Data CEO said, “Last year, the Group announced that it will double its revenue over the next five years from USD 6 billion to USD 12 billion. We tripled our business in the last 10 years, and now we’re looking to double it through organic growth and strategic acquisitions.
"The purchase of NextiraOne is the first major step on this five-year journey. With this transaction, Dimension Data will enter new market segments and grow our client base.
“Dimension Data’s future strategy is to take the combined portfolios of both companies to the SMB, commercial, public sector, and enterprise markets. I am particularly excited about NextiraOne’s unified communications and collaboration business, which provides Dimension Data with the ability to manage communications infrastructure across multiple platforms."
Andrew Coulsen, CEO of Dimension Data Europe added, “Dimension Data’s footprint in Europe increases from 10 to 16 countries, and we now have a direct presence in six incremental countries including Hungary, Poland and Slovakia, Austria and Portugal, and Ireland.
"We’re also adding 1,075 outstanding technical employees to our European business.”
David Winn NextiraOne CEO and president of the management board added, “Becoming part of Dimension Data is a tremendous endorsement of the high quality solutions and services that NextiraOne provides.”
NextiraOne will be rebranded to Dimension Data over the next three months.
Coulsen will maintain his role as CEO of Dimension Data Europe and will lead the integration, and Winn will lead NextiraOne’s France and Italy businesses, while acting as Dimension Data’s advisor for client and vendor engagements.