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Ekinops Acquires Sixsq And Steps Up Its Presence In Edge Computing

Nov 02, 2021over 3 years ago

Acquiring Company

Ekinops

Acquired Company

SixSq

France

Description

EKINOPS (Euronext Paris - FR0011466069 – EKI), a leading supplier of telecommunications solutions for telecom operators and enterprises, is announcing the acquisition of the start-up SixSq, a software-as-a-service (SaaS) provider for Edge Computing.

Company Information

Company

Ekinops

Location

France

About

Ekinops is a leading provider of open, trusted and innovative network connectivity. We enable our customers’ success by delivering high value-added software-driven solutions. Our programmable and highly scalable solutions enable the fast, flexible and cost-effective deployment of new services for both high-speed, high-capacity optical transport as well as virtualization-enabled managed enterprise services. Our product portfolio consists of three highly complementary product and service sets: EKINOPS360, OneAccess and Compose. EKINOPS360 provides optical transport solutions for metro, regional and long-distance networks with WDM for high-capacity point-to-point, ring and optical mesh architectures, and OTN for improved bandwidth utilization and efficient multi-service aggregation. OneAccess offers a wide choice of physical and virtualized deployment options for Layer 2 and Layer 3 access network functions. Compose supports service providers in making their networks software-defined with a variety of software management tools and services, including the scalable SD-WAN Xpress. As service providers embrace SDN and NFV deployment models, EKINOPS enables future-proofed deployment today, enabling operators to seamlessly migrate to an open, virtualized delivery model at a time of their choosing. A global organization, EKINOPS (EKI) - a public company traded on the Euronext Paris exchange - operates on 4 continents. For more information, visit www.ekinops.com.

M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed

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