Dimension Data, a global IT solutions and services provider, announced that it has acquired Xigo, a provider of cloud-based telecommunications expense management services.
The acquisition is part of Dimension Data’s strategy to become a managed communications service provider. The financial terms of the deal were not announced.
Dimension Data says it will immediately focus on increasing Xigo’s U.S. market share and meeting the telecommunications expense management (TEM) needs of multinational organizations. Over time, the services will be rolled out to other countries.
“Telecom expense management has grown to encompass the entire lifecycle of telecommunication services, including inventory and asset management, ordering and provisioning,” Steve Joubert, group executive of global solutions at Dimension Data, said in a statement.
“As clients evolve their networks to address globalization, mobile device proliferation, virtualization and the cloud, Xigo will be instrumental to helping them implement the most cost-effective roadmaps and architectures for both internal and external communications,” Joubert said.
Dave Spofford, CEO of Xigo, will continue to lead the Xigo team. He will report to Dimension Data’s Americas CEO Jere Brown on the company’s operations and to Joubert on strategy.
“Today, the center 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 in a statement.
Register or login for access to this item and much more
All Information Management content is archived after seven days.
Community members receive:
- All recent and archived articles
- Conference offers and updates
- A full menu of enewsletter options
- Web seminars, white papers, ebooks
Already have an account? Log In
Don't have an account? Register for Free Unlimited Access