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Damovo continues European growth strategy with new acquisition

Acquisition of Netfarmers GmbH expands Damovo’s expertise in unified communications, data networking and security

16th November 2016 - Damovo, a leading provider of enterprise communications solutions and services, announced the acquisition of Netfarmers, a Germany-based specialist in unified communication, security and networking. Netfarmers has extensive expertise and experience in Cisco technology, and further strengthens Damovo’s ability to deliver Cisco end-to-end solutions and architectures.

The acquisition is the next stage in Damovo’s ‘buy and build’ strategy as it looks to grow annual revenues towards €200M in the next 3-5 years and become one of the largest independent UC providers in Europe. Netfarmers, founded in 2005, currently focuses mainly on the DACH region and works with many large clients across Germany, Austria and Switzerland.

Following this acquisition, Damovo now has 16 international offices and delivers to over 120 countries on six continents. It currently manages a growing base of over 2,000 customers including many of Europe’s largest enterprises and a number of Fortune Global 500 companies and maintains strategic partnerships with leading global technology providers including Cisco, Avaya, Microsoft and Mitel. Glen Williams, CEO, Damovo, said, “This acquisition is the next important step in our strategic growth plans. Netfarmers brings great knowledge, expertise and skills in Cisco unified communications, data networking and security – which today is indispensable, when considering the increasing complexity of our customer’s networks and infrastructures. They expect first class resources for all of their communication needs and this acquisition ensures that we can deliver on that with the best team of highly skilled Cisco people.” Carl Muehlner, managing director at Damovo for the central region, said, “In addition to our strong organic growth, this acquisition helps us gain momentum in delivering a broader portfolio of highly technical services in today’s digital age. Netfarmers brings us exceptional, in-depth expertise and experience and offers strong software development capabilities that will benefit many of our customers who want to integrate their solutions. The acquisition also brings an additional fifty Cisco certifications – which further strengthens our rapidly growing Cisco business. ”

Edgar Reinke, managing director at Netfarmers, said, “We have partnered with Damovo regularly and we have seen, that our consultative approach with regard to technology solutions has been really appreciated by Damovo. Integrating Netfarmers into Damovo has been a strategic goal for some time, with the intention of creating operational efficiencies to benefit our combined customer base.. This is an excellent opportunity to bring our ideas and enthusiasm into a great team and work for an international group of Damovo customers that are all looking to improve their business performance through technical solutions.”