International IT solutions and managed services provider, Logicalis, has acquired network transformation and modernization specialist, siticom. With a team of 130 experts across five German locations, siticom provides complicated networking solutions for its customers, which include some of the world’s leading communications service providers, financial data providers, and chemical plant infrastructure operators.
Logicalis will be able to develop a pan-EMEA center of knowledge in advanced 5G network capabilities as a result of the acquisition of siticom, which will help to promote cloud orchestrated network interoperability. As Logicalis expands its professional and managed services portfolio, siticom’s expertise in next-generation networks would complement Logicalis’ offerings. Financial terms of the acquisition were not disclosed.
“The strategic decision to acquire siticom is driven by the growing demand for broadband services and fiber optics expansion as we continue to deliver speed, scale and agility for global customers,” said Bob Bailkoski, CEO of Logicalis. “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.”
5G Solutions Specialist
“Our advanced networking expertise combined with Logicalis’ global reach opens up new markets for both businesses,” said Jürgen Hatzipantelis, Co-Managing Director at siticom. “As a global Managed Services Provider (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.”
siticom has vast experience with telecommunications and software-defined network architectures, as well as next-generation public and private networks, enabling Industrial IoT applications.
“By combining our knowledge in SDN, 5G and infrastructure services with Logicalis’ managed services offering and strong customer relations, siticom is now able to provide a more holistic offering to its customers,” said Stefan Höltken, Co-Managing Director at siticom.
As a 5G solutions specialist, siticom is a member of Bitkom – Germany’s largest digital association. Logicalis’ vision to be a leader in digital transformation would be accelerated as it expands its solutions and services for customers around the world, thanks to siticom’s deep knowledge and strong strategic partnerships with leading 5G providers such as Nokia, Airspan, Metaswitch, and Druid Software.
Logicalis Group, which has annual revenues of $ 1.5 billion, has operations in Europe, North America, Latin America, Asia Pacific, and Africa and is a subsidiary of Datatec Group, which has revenues of more than $ 4.1 billion and is listed on the Johannesburg Stock Exchange (JSE:DTC).