| Tue 16 Oct 2001, 0:00 | | Dimension Data Holdings Plc - Company Announcement |
|
Isin Code : GB0008435405
Share Code : DDT
DIMENSION DATA ACQUIRES IN TIME NETBUILDING BV, ACCELERATING DRIVE IN
CENTRAL EUROPE
Dimension Data Holdings plc (Dimension Data or the `Group'), the global
provider of network and multi-channel e-business solutions, has acquired
100% of the equity in
In Time Netbuilding BV ("ITN"), a leading network and voice integration
company with 120 employees, headquartered in Amsterdam.
ITN, which has a niche position in providing voice and network integration
solutions, reported turnover of _19.4m for the 12 months to June 2001. The
base purchase consideration of _5m, which will be settled in cash, may be
increased dependent on the achievement of future revenue and profit targets
to September 2002 to a maximum of _13m.
The ITN acquisition provides the necessary expertise and skills to position
Dimension Data Central Europe's operations (Benelux, France and the
Netherlands) in the areas of voice integration and BSS/OSS solutions,
critical to Dimension Data's i-BOSS (Integrated Business and Operational
Support Systems) solution.
As a pre-integrated solution, i-BOSS forms the basis for a fast
implementation of next generation services, for example IP VPN. This is a
critical consideration for service providers, which are operating in an ever
increasingly competitive environment.
The flexible and adaptable i-BOSS architecture enables a consistent customer
interface and spans four crucial areas; customer relationship management,
service fulfilment, service assurance and billing.
ITN has strong partnerships with Nortel and Cisco and is a market leader in
IP BSS/OSS solutions and intelligent management software. ITN's clients
include Deloitte & Touche, Unilever and Ernst and Young. Of the 120 people
employed by ITN, 80 people specialise in networking and voice solutions.
Commenting on the acquisition, Don Smyth, Senior Vice President, Dimension
Data Europe said: "The business positioning of ITN is complementary to our
existing successful network integration business in the Netherlands and is
in line with our stated intention to accelerate our drive into services.
Apart from improving our delivery capability in the Netherlands, ITN will
allow Dimension Data to expand its offering in voice communications and
particularly in OSS solutions to Service Providers.
"ITN brings with it a depth and breadth of management skills as well as
strong project management capabilities.
Current Managing Director of ITN, John van der Velden, will become general
manager of the combined business of Dimension Data in the Netherlands. John
van der Velden said: "ITN's unique mix of voice and data skills fit well
with Dimension Data's services strategy and working methodology. This gives
our team a great opportunity to expand its services portfolio and
particularly evolve in VoIP and contact centres."
Zakari Lamari, Vice President, Dimension Data Central Europe stated: "The
ITN acquisition provides the Dimension Data Central Europe region with new
impetus in establishing the Netherlands as a key constituent of this
region."
ends
Notes to editors
Dimension Data Holdings plc (LSE: DDT), is a leading technology company that
represents a new category of systems integrator providing network and multi-
channel e-business solutions to global corporations. Founded in 1983 as a
specialist supplier of technology and services, Dimension Data's strategy
has evolved with the emergence of the intelligent network as the most
important enabler in business today. Dimension Data's global presence
combined with its expertise and extensive skills base in network
infrastructure and e-business solutions environments enables its customers
to ascend into the global marketplace through 100% connectivity and
integration. Listed on the London Stock Exchange, Dimension Data operates in
over 30 countries on six continents. For more information, please go to
www.didata.com.
In Time Netbuilding BV, As a provider of solutions built around expertise in
voice, data and network management services, ITN holds a respected position
in the Dutch market place, with an established customer base particularly in
the Accountancy, Banking & Finance, Telecom & Service Providers sectors.
ITN has three core divisions:
? Network Services providing network integration services. Core
products are Nortel & Cisco network technology. In addition, ITN has a
remote management center based in Ridderkerk where the national networks of
a number of respected companies are managed;
? Voice Solutions provides turnkey projects and consultancy in the
area of telephony related communications systems, deploying mainly Nortel
Meridian High-End PBX technology;
? Service Delivery Solutions delivers intelligent network management
solutions to enhance and optimise the service delivery infrastructure,
particularly for Telcos and Service Providers. ITN is a market leader,
based on its strong relationship with leading edge suppliers such as
Concord, Micromuse and Orchestream.
Contacts:
Dimension Data
Don Smyth, Senior Vice President, Dimension Data Europe
+49 6171 708 501
Patrick Quarmby, Executive Director, Dimension Data Holdings
+2711 709 1000
Media contacts
Mark Griffiths, Dimension Data Europe
+44 (0) 790 9974360
Samantha Presbury, Dimension Data Holdings
+2711 709 1292
ITN
John van der Velden, General Manager, Dimension Data Netherlands
+31 20 462 35 40
Financial Dynamics
Giles Sanderson/Olivia Cundy
+44 20 7831 3113
Beachhead
Bruce Hetherington
+27 21 469 9016
