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All Press Releases for May 18, 2005 Subscribe to this News Feed      
 

IXEurope Acquires GIC mbH

IXEurope plc is pleased to announce the acquisition of German business continuity provider Gesellschaft für Informationstechnologie und Consulting mbH (GIC mbH) for an undisclosed cash sum.

(PRWEB) May 18, 2005 -- IXEurope plc is pleased to announce the acquisition of German business continuity provider Gesellschaft für Informationstechnologie und Consulting mbH (GIC mbH) for an undisclosed cash sum. With offices and datacentres in Frankfurt-am-Main and Munich, GIC mbH provides business continuity services to financial and enterprise clients in the region. Clients include Merrill Lynch and AlpInvest, a €20 billion European private equity fund.

The integration of GICs expertise and client base under the IXEurope brand will represent a significant increase in business continuity capabilty, a service which IXEurope already provides as a white-label service to major outsourcers and to a small number of direct clients. Combining IXEuropes best-in-class datacentre capabilities with GICs highly professional business continuity systems and skills provides an unrivalled breadth and depth of services and expertise in the provision of datacentre-based services specifically tailored for the enterprise and banking sector.

Guy Willner, CEO of IXEurope comments: We are particularly pleased to have been able to acquire a company of GICs standing. In the past 5 years we have provided a number of business continuity solutions to our major outsourcing partners across Europe and have seen this as a natural adjunct to our core datacentre services strategy. We expect the GIC team to help us create a fuller BC offering across our four operating countries which we will continue to sell predominantly through our outsourcing partners".

Jorg Rosengart, Managing Director of GIC mbH says: Joining IXEurope is excellent news for our staff, clients and partners. With increasing level of operational regulation such as Basel II and Sarbanes-Oxley legislation clients are looking for more integrated solutions linking desktop recovery ever closer to core datacentre infrastructure recovery. We will now be able to deliver a broader and deeper offering than ever before, providing clients with best-in-class solutions across Germany, France, Switzerland and the United Kingdom".

Harro Beusker, Managing Directior of IXEurope Germany added: We are looking forward to having Jorg and his team join us as a part of IXEurope. Their skills and resources will help us achieve our objective of being both the brand leader and the thought leader in our marketplace".

~ Ends ~

About IXEurope
IXEurope provides outsourced datacentre services and hosted solutions management in four countries - UK, Germany, France and Switzerland - through its network of datacentres.

As a specialist in datacentre services, IXEurope offers its customers access to flexible outsourced solutions while they maintain overall control of their projects. By continually focusing on quality, IXEurope gives clients cost effective access to expertise and exceptional service levels.

IXEurope delivers its services to systems integrators and IT consultants; hosting and managed service providers; and network service providers. Working in partnership with our solution providers, IXEurope datacentres house IT and networking systems for global enterprises, financial institutions, government agencies and e-commerce companies. IXEurope's backers include Bank of America Equity Partners and European Acquisition Capital. For more information please visit the website at www.ixeurope.com

About GIC
GIC provides overall IT solutions and is specialised in the sphere of Business Continuity Services. With a team of experienced international IT-specialists the company offers IT consulting and Service-Centres in Frankfurt and Munich. Clients include five of the Worlds largest banking institutions. For more information please visit the website at www.gicmbh.com


Contacts:

Kerry Jago
IXEurope
T: +44 (0) 207 689 1400
kerry.jago@ixeurope.com
   
Guy Willner
IXEurope
T: +44 (0) 207 533 6618
guy.wilner@ixeurope.com

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Kerry Jago
IXEUROPE
+44 207 689 1400
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