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« Alte articole din categoria In brief

Soitron bought 51% stake in Romanian IT solutions provider Datanet Systems

In brief

Data adaugarii: 2010-01-15

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Slovak system integrator Soitron bought a 51% stake in the Romanian provider of networking and communications solutions Datanet Systems, the take over being part of the regional development strategy of the company, which controls two other companies in the Czech Republic and Slovakia.
"We expect considerable synergy effects from the cooperation between Soitron and Datanet Systems, beneficial for the evolution of the business, especially that our product portfolios are similar - complex solutions for voice and data communication. Combining the excellent market position held by Datanet Systems with its considerable local expertise we are able to ensure a major potential for the future development of the company," Soitron CEO Ondrej Smolár said in a release.
The transaction value was not specified.
"Datanet has the opportunity to develop its business in Romania by expanding its portfolio of solutions and services. In addition, we can contribute to the regional business growth at group level, through our expertise in the fields of design and implementation of communications systems for air traffic management, as well as for other clients from strategic industrial vertical domains such as telecommunications, banks or transportats," added the general manager of Datanet Systems, Vasile Velicu.
Soitron is an integrator of information and communications solutions, has over 750 employees and annual revenues exceeding 47 million euros.

Founded in 1998, Datanet Systems is specialised in providing equipment for data communications, voice and video, as well as services of implementation, consultancy and technical assistance. The company is one of the most important Cisco partners in Romania, having the status of Cisco Gold Partner status from April 2004 and over 40 Cisco professional certifications for its employees.
In 2008, Datanet Systems posted a turnover of 50.4 million lei, down 20.5% yoy, while its net profit climbed by 20.3% to 8.3 million by lei. In 2007, the company's business reached 63.4 million lei, the highest since its establishment.
 
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