TeliaSonera subsidiary Cygate to acquire Information Infrastructure Management (IIM)
- 2012-08-21 06:30 UTC
Cygate has acquired Information Infrastructure Management. IIM is a niche system integratorcompany in the datacenter market. The acquisition will strengthen Cygate’s services within this highgrowth area.
IIM has 27 employees and its turnover is close to 100 million SEK with high profitability.
`The IIM acquisition complements Cygate’s strategic roadmap as the market for data centres is growing fast and is high up on the agenda for Nordic CIOs when it comes to prioritizing their IT investments’, says Bengt Lundgren, Managing Director Cygate.
`We were one of the first players to bet on backup, storage and virtualization services – areas with staggering growth and are pleased with this acquisition. We feel that we have found a company with a highly technically oriented culture, one which suits us perfectly and its strengths in security and networks complements our knowledge in datacenters, says Håkan Axtelius, Managing Director, IIM.
Since 2007, Cygate’s turnover has doubled to 1375 million SEK and now employs 250 people. Growth has been driven both organically and through acquisitions.
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