TeliaSonera owned Cygate acquires Dimension Data Sweden
- 2007-04-12 10:00 UTC
TeliaSonera strengthens its market position within managed IP/IT services, in Sweden, through Cygate’s acquisition of Dimension Data Sweden, a subsidiary of the global systems integrator Dimension Data Holdings plc.
“Step by step we are strengthening our position as an integrator of our corporate customers’ total telecom and IP/IT solutions, an important future growth area for TeliaSonera,” comments Juho Lipsanen, President of Business Area Integrated Enterprise Services at TeliaSonera.
“Dimension Data Sweden’s competence and experience in the area of IT infrastructure will create value for our clients and strengthen our position on the market. We will also continue to be the Swedish partner of Dimension Data Sweden’s parent company, Dimension Data,” says Bengt Lundgren, CEO at Cygate.
During the last years, Cygate has acquired several companies, amongst them Måldata and Bravida Communications. Since January 2007, Cygate is owned by TeliaSonera, the Nordic and Baltic telecommunications leader. Cygate today has 250 employees located in15 offices in Sweden and Finland. Dimension Data Sweden has 74 employees located in two offices in Stockholm and Malmö. The revenue for Dimension Data Sweden was SEK 182 million in 2006.
”I am very proud with what Dimension Data Sweden has achieved to date. In a mature market knowledge and volume are important factors. Together with Cygate we will create a company that will stand strong, and offer the market world class solutions” comments Mats Germundsson, Country Manager at Dimension Data Sweden.
The purchase is still to be approved by the Swedish Competition Authority.
Cygate is a Nordic company headquartered in Stockholm. With 250 employees in its Finland and Sweden offices, it is a leading Nordic supplier of services, products and solutions for secure IT infrastructure. The company has partnerships with leading vendors and a 20-year history of designing, installing and maintaining IP network solutions using a combination of their own solutions and products from partners.
About Dimension Data
Dimension Data plc (LSE:DDT), a specialist IT services and solution provider, helps clients plan, build, support and manage their IT infrastructures. Dimension Data applies its expertise in networking, security, operating environments, storage and contact center technologies and its unique skills in consulting, integration and managed services to create customized client solutions.