By Telecom
Lead Team: Dimension Data has acquired Xigo, a provider of telecommunications
expense management (TEM) solutions.
The
acquisition is part of Dimension Data’s vision to become a full-fledged managed
communications service provider.
The
financial terms of the acquisition were not disclosed.
The deal
enhances Dimension Data’s ability to deliver greater value across the
enterprise with an integrated cost optimization solution for spend analysis,
sourcing, provisioning and invoice processing.
Dimension
Data will focus on increasing Xigo’s U.S. market share and meeting the TEM
needs of multinational organizations. Over time, the services will be rolled
out to other countries in the Group.
As clients
evolve their networks to address globalization, mobile device proliferation,
virtualization and the cloud, Xigo will be helping them implement the most
cost-effective roadmaps and architectures for both internal and external
communications.
Companies
turn to Dimension Data because we are able to support their entire IT infrastructure
and ensure the best utilization of their investments,” said Steve Joubert,
group executive of global solutions at Dimension Data.
The
acquisition of Xigo is a perfect complement, as it extends this capability
beyond integration and management of technology. Telecom expense management has
grown to encompass the entire lifecycle of telecommunication services,
including inventory and asset management, ordering and provisioning.
The
combination of Dimension Data’s global footprint and Xigo’s cloud-delivered
services creates a tremendous opportunity for organizations to manage their
voice and data networks more cost-efficiently with a complete lifecycle of
services. In addition, Xigo clients with operations outside of North America
will benefit from Dimension Data’s global footprint in 51 countries along with
its deep experience in planning, building and operating IT infrastructures for
multinational corporations,” said Dave Spofford, CEO of Xigo.
Spofford
will continue to lead the Xigo team reporting to Dimension Data’s Americas CEO,
Jere Brown, on the company’s operations; and to Joubert on strategy.
