Showing posts with label Nordics. Show all posts
Showing posts with label Nordics. Show all posts

Monday, August 20, 2012

TeliaSonera to Acquire Cygate for Data Center Integration Expertise

Cygate, a subsidiary of TeliaSonera has acquired Information Infrastructure Management (IIM), a niche system integrator company in the data center market. The company has 27 employees and its turnover is close to 100 million SEK with high profitability. Financial terms were not disclosed.

"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 H�kan Axtelius, Managing Director, IIM.
  • TeliaSonera acquired Cygate in 2006.