TeliaSonera owned Cygate closes transaction and acquires Dimension Data Sweden
- 2007-06-11 13:06 UTC
TeliaSonera owned Cygate has closed the acquisition of the shares in Dimension Data Sweden, a subsidiary of the global systems integrator Dimension Data Holdings plc. The acquisition has now been approved by the Swedish Competition Authority.
Following the approval from the Swedish Competition Authority Cygate acquires a company with 74 employees located in two offices in Stockholm and Malmö. The revenue for Dimension Data Sweden was SEK 182 million in 2006. The integration of Dimension data Sweden will be finalised on October 1, 2007.
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 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.