The Acquisition of ActionPoint has elevated Viatel’s workforce to 260 and is anticipated to realize 65 million euros in earnings by 2022.
Irish telecommunications provider Viatel acquires Limerick-based ActionPoint to sort a model new digital suppliers platform and broaden in worldwide markets.
ActionPoint is a digital transformation agency that provides software program program and IT suppliers to corporations. Its buyers embody celebrities much like Munster Rugby, Nationwide Lottery and Division of Worldwide Affairs and have labored on Ireland’s on-line passport renewal system.
Headquartered in Castletroy, Co Limerick, the company provides quite a lot of know-how suppliers to larger than 500 organizations with the goal of supporting growth and progress by the design and enchancment of software program program and managed IT suppliers.
Viatel CEO Paul Rellis talked about the acquisition of ActionPoint elevated Viatel’s number of employees from 160 to 260. After the acquisition, ActionPoint’s founders and leaders will proceed to develop the enterprise whereas innovating for current and new prospects.
Rellis praised ActionPoint’s “very strong market proposition” and talked about the blended safety of the two companies presents “a excellent different” for the two to affix forces.
“Viatel’s strong roots in communications, communications and connectivity are enhanced by ActionPoint’s software program program enchancment, Azure cloud and digital transformation capabilities, which implies our prospects can rely on a really end-to-end product,” he talked about.
In November, two months sooner than the acquisition, ActionPoint acquired ICT Problem Administration, a Dublin-based IT suppliers enterprise, in a multi-million-euro transaction that expects the group’s full annual earnings to exceed 16 million euros.
Viatel expects the ActionPoint acquisition to increase its earnings to €65 million in 2022. Headquartered in Dublin and with locations of labor in Dundalk, Cork and Limerick, Viatel is planning further acquisitions in 2022. Every companies will search rising Irish experience to help them broaden globally.
ActionPoint’s CEO David Jeffreys talked about his agency has labored with Viatel on quite a few initiatives before now and has always been “impressed by their professionalism and purchaser focus.”
“Coming collectively, we’re uniquely positioned to ship your total digital suppliers stack, from information services and connectivity to cloud, productiveness and true digital transformation,” he talked about.
In July of ultimate yr, Viatel acquired Cork-based Nova Telecom to broaden its suppliers for Irish prospects. This was the third acquisition in 9 months after Limerick’s acquisitions of Ripplecom and Irish Telecom on the end of 2020. In 2018, Viatel labored with Siro to supply Irish gigabit connectivity.
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