ScanSource Inc. (SCSC), a value-added distributor of specialty technologies, including voice, data and video communications products, entered into a definitive agreement on Nov. 3, to purchase substantially all the assets of Algol Europe, a value-added distributor specializing in convergence and communications solutions. Algol, headquartered in Cologne, Germany, will begin operating as ScanSource Communications GMBH, and will join ScanSource Communications UK as part of ScanSource Communications Europe. The managing director of Algol, Marianne Nickenig, will remain with the new company and will report to Xavier Cartiaux, president of ScanSource Europe.
Algol distributes a comprehensive product portfolio covering the areas of infrastructure, voice, network security, and video solutions from manufacturers including 3Com, Avaya, APC, Extreme Networks, Juniper Networks and Plantronics, among others. In addition, resellers have access to value-added services, such as technical and pre-sale support, design, trainings and certifications through its extensive AlgolCOLLEGE training centre. The company was founded in 1997, has 65 employees and has trailing 12-month revenue of approximately 46 million Euros.
Algol Europe has been named best certified 3Com partner, largest Extreme Networks distributor in EMEA, largest Extreme Networks training partner worldwide, and 2008 Avaya Distributor of the Year.
Following on our acquisition of UK-based MTV Telecom in April 2008, Algol Europe is an integral step in our strategy to become the primary source for European resellers looking to deliver the industrys leading communications solutions wrapped with the value-added services they need to grow their business, said Cartiaux. Im looking forward to working with the Algol management team, including Marianne and Guido Nickenig, to further invest in programs, people and financial resources to expand the market for communications solutions.
ScanSources commitment to the channel and focus on the success of the reseller is clear through their outstanding execution in both the United States and Europe, said Marianne Nickenig, managing director, Algol Europe. We look forward to joining the ScanSource Communications family as we continue to strive to deliver communications solutions and services that can help resellers meet the ever-changing needs of their end-user customers.