Dimension Data, a $5.8 billion global specialist IT solutions and services provider, announced Tuesday that it has acquired US-based Xigo, a leading provider of telecommunications expense management (TEM) solutions. Aside from expediting Dimension Data’s Services strategy of becoming a fully-fledged Managed Communications Service Provider, the acquisition enhances the IT solutions provider’s ability to deliver heightened client value across the enterprise with an integrated cost optimization solution for spend analysis sourcing, provisioning and invoice processing.
Dimension Data immediate focus is to increase Xigo’s US market share and meet the TEM needs of multinational organizations. In coming years, the services will be rolled out to other countries in the Group.
Joubert, Dimension Data’s Group Executive, Global Solutions attributed Dimension Data’s popularity to its proven leadership.
“Companies turn to Dimension Data because we are able to support their entire IT infrastructure and ensure the best utilisation of their investments. 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.
“As clients evolve their networks to address globalisation, mobile device proliferation, visualisation and cloud, Xigo will be instrumental to helping them implement the most cost-effective roadmaps and architectures for both internal and external communication,” said Joubert Xigo CEO, Dave Spofford said Dimensions Data is at the forefront of the digital revolution.
“Today, the centre of business sits at the edge of the network, and companies need a firm grasp on their mobile and fixed network costs to operate in an increasingly global economy,” Spofford said.
The combination of Dimension Data’s global footprint and Xigo’s unique cloud-delivered services creates a great 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 in 51 countries along with its deep experience in planning, building and operating IT infrastructures for multinational corporations.
Spofford will continue to lead the Xigo team reporting to Dimension Data’s Americas CEO, Jere Brown, on the company’s operations; and to Steve Joubert, Dimension Data’s Group Executive, Global Solutions, on strategy.
The transaction is effective 18 January and the financial terms of the acquisition were not disclosed.
