**Editor's Note: Please click here for a recap of the biggest channel-impacting mergers in Q4 2013.**
Dimension Data, the New York-based IT services provider, has completed its acquisition of NextiraOne, which designs, installs, maintains and supports business solutions and communications services for more than 43,000 private and public sector clients throughout Europe.
As part of the two-part transaction, effective now, Dimension Data gets NextiraOne’s businesses and its 1,850 permanent employees scattered throughout much of Europe. Dimension Data gets NextiraOne’s operations in France and Italy in mid-2015, subject to the achievement of certain performance conditions. Financial terms were not disclosed.
“Last year, the Group announced that it will double its revenue over the next five years, from $6 billion to $12 billion," said Brett Dawson, Dimension Data CEO. "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 [France-based] NextiraOne is the first major step on this five-year journey. With this transaction, Dimension Data will enter new market segments, grow our client base, and add 1,850 talented employees with great skills to the Dimension Data family. It also provides us with the opportunity to expand into the middle market.
“Becoming part of Dimension Data is a tremendous endorsement of the high quality solutions and services that NextiraOne provides," said David Winn, NextiraOne CEO and president of the company's management board. "We have a very strong communications and UC & collaboration business with the ability to manage communications infrastructure across multiple legacy platforms. These, together with the combined IT and cloud assets and capabilities of both companies, are extremely powerful, and position us as one of the leaders in the provision of services and solutions in the ICT sector across Europe."
NextiraOne will be rebranded to Dimension Data over the next three months. Andrew Coulsen maintains his role as CEO of Dimension Data Europe and will lead the integration, while Winn will lead the remaining NextiraOne France and Italy businesses, and at the same time, act as Dimension Data’s advisor for client and vendor engagements.
Dimension Data sells through channel partners.
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