Publicly listed Swedish firm Hexatronic Group has introduced its intent to amass components of Endor, a information middle service supplier owned by Icelandic firm Sýn hf. This strategic transfer goals to bolster Hexatronic’s information middle choices, significantly in hybrid IT options for big organizations managing huge quantities of information.
The acquisition will prolong Hexatronic’s attain into Iceland, Sweden, and Germany, integrating new experience and a longtime buyer base from these areas.
Martin Åberg, Deputy CEO of Hexatronic, highlighted the significance of this acquisition, stating, “The enterprise we’re buying focuses on hybrid IT options for bigger organizations that handle an ever-growing quantity of information at the moment. It’s a horny a part of the market and implies that we are actually broadening our Knowledge Heart providing with end-to-end options, together with {hardware} and managed providers.”
Regardless of the strategic significance, the acquisition will not be anticipated to have a notable impression on Hexatronic’s earnings. The transition includes fewer than 5 staff shifting to Hexatronic, guaranteeing a clean integration course of.
“It’s a pleasure to have such a powerful participant take over the torch in offering options for information middle and high-performance computing,” stated Herdís Dröfn Fjeldsted, CEO of Sýn hf.Herdís Dröfn Fjeldsted, CEO of Sýn hf, expressed optimism in regards to the deal, emphasizing the continuity and enhancement of service high quality for Endor’s worldwide and huge home purchasers. “It’s a pleasure to have such a powerful participant take over the torch in offering options for information middle and high-performance computing. The transaction primarily impacts Endor’s worldwide operations and huge home clients who make the most of specialised hyper-converged options. Our native clients will, subsequently, proceed to be principally managed by Endor ehf., a subsidiary of Sýn hf. We hope this journey and future cooperation with Hexatronic will additional strengthen our options portfolio for our precious clients,” she remarked.
Knowledge facilities are a key focus space for Hexatronic, contributing to 14% of the Group’s gross sales within the first quarter of this 12 months. The corporate anticipates finishing the takeover by autumn, marking a big step in increasing its information middle capabilities and repair portfolio.
About Hexatronic Group
Hexatronic Group is a publicly listed Swedish firm specializing in fiber optic merchandise and options. The corporate supplies a complete vary of merchandise, techniques, and providers for the telecommunications business, primarily specializing in fiber optic infrastructure. Their choices embody fiber optic cables, connectors, instruments, and full techniques for numerous purposes, together with broadband networks, information facilities, and telecom operations.
Hexatronic operates globally, serving clients in quite a few nations with superior fiber optic options. The corporate’s mission is to allow high-speed communication and connectivity, important for the digital transformation of societies. They emphasize innovation, high quality, and customer support of their strategy to offering scalable and sustainable options for high-performance community infrastructure.
Along with their core fiber optic enterprise, Hexatronic Group can be lively in information middle options, contributing considerably to their general gross sales. The corporate’s strategic acquisitions and expansions goal to reinforce their service choices and market attain, sustaining a powerful place within the quickly evolving telecommunications and information middle markets.
