| Thu 16 Sep 2010, 11:00 | | DDT - Dimension Data Holdings Plc - Dimension Data UK acquires Mvision - lays |
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DDT
DIDDT
DDT - Dimension Data Holdings Plc - Dimension Data UK acquires Mvision - lays
down the foundation for the group to globalise its managed video services
Dimension Data Holdings Plc
Incorporated in Great Britain under the Companies Act 1985
Registration Number: 3704278
Share Code: DDT
Issuer code: DIDDT
ISIN number: GB0008435405
("Dimension Data" or "the Company")
DIMENSION DATA UK ACQUIRES MVISION - LAYS DOWN THE FOUNDATION FOR THE GROUP TO
GLOBALISE ITS MANAGED VIDEO SERVICES
London, UK - 16 September 2010 - Dimension Data, the $4 billion specialist
global IT solutions and services company, said today that it had acquired
mvision, a UK video conference integrator, network and managed video services
provider, for an undisclosed sum.
The acquisition is in line with Dimension Data`s goal to accelerate time to
market in managed video, and increase penetration in the hosted UC solutions and
new-generation video space. The combined team of skilled and experienced
employees of mvision and Dimension Data lays down the foundation for the Group
to globalise its Managed Video Services.
mvision supplies, installs, maintains and manages video conference and
TelePresence endpoints - and where required - also connects the endpoints to
their dedicated managed video network. Dimension Data`s Converged Communications
business, through a combination of our extensive experience, proven
methodologies and assessment services, helps clients communicate and collaborate
across multiple channels to improve productivity, enhance customer service, and
achieve competitive advantage.
Ton van Horssen, MD of Dimension Data in the UK said, "The acquisition bolsters
Dimension Data`s ability to deliver a full suite of Visual Communications
solutions and complements our existing Converged Communications proposition in
the UK. The synergies between Dimension Data and mvision are excellent. Both
companies are services-led but believe in selling a full complement of
professional services, managed services and technology. Our service offerings
are complementary and well aligned, and the two cultures are highly compatible.
In addition, there is little overlap in our client bases, so the opportunity for
growth by leveraging both companies` client bases is significant," he explained
and added that in time, mvision will be integrated into Dimension Data.
Terry Dwyer commented, "We are very pleased to be joining the Dimension Data
family. Being part of a global, financially strong organisation with a track
record of over 27 years bodes well for our clients, as they will be able to
leverage the strengths of Dimension Data`s global partner relationships and
broader solution sets, and Dimension Data`s clients will be able to access
mvision`s wide range of Managed Video Solutions."
mvision has gross assets of $4.4 m and the transaction has no material effect on
Dimension Data.
About Dimension Data
Dimension Data plc (LSE:DDT), a specialist IT services and solution provider,
helps clients plan, build, support and manage their IT infrastructures.
Dimension Data applies its expertise in networking, converged communications,
security, data centre solutions, Microsoft and contact centre technologies, and
its unique skills in consulting, integration and managed services to create
customised client solutions.
www.dimensiondata.com
About mvision
An award-winning managed video service provider, mvision removes the last two
great barriers to video conferencing adoption; expense and infrastructure. The
company`s solutions include a dedicated vendor agnostic network. From the
technology itself, right through to its costing structure, the managed service
enables organisations that are new to the technology to take advantage of
simple, Capex-free world-class video conferencing. With a simple per-month
subscription and absolutely no initial outlay on hardware, software or
bandwidth, the mvision managed service enables faster and more substantial
savings, without impacting on overall business efficiencies, results or existing
IT infrastructure. Features and services include multi-point conferencing
(bridging), ISDN gateway services, call recording, reporting, concierge service
and video help desk facilities. mvision is one of just five TANDBERG global
managed service providers, and supplies its Telepresence and video conferencing
equipment.
16 September 2010
Sponsor:
J.P. Morgan Equities Limited
Date: 16/09/2010 11:00:01 Produced by the JSE SENS Department.
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