Johannesburg - Global IT solutions and services company Dimension Data Holdings [JSE: DDT] announced Thursday that it has acquired mvision, a UK video conference integrator, network and managed video services provider, for an undisclosed sum.
The acquisition is in line with Dimension Data's goal to accelerate time to market in managed video, and increase penetration in the hosted UC solutions and new-generation video space. The combined team of skilled and experienced employees of mvision and Dimension Data lays down the foundation for the Group to globalise its Managed Video Services.
Mvision supplies, installs, maintains and manages video conference and TelePresence endpoints - and where required - also connects the endpoints to their dedicated managed video network.
Dimension Data's Converged Communications business, through a combination of its extensive experience, proven methodologies and assessment services, helps clients communicate and collaborate across multiple channels to improve productivity, enhance customer service, and achieve competitive advantage.
Ton van Horssen, MD of Dimension Data in the UK said: "The acquisition bolsters Dimension Data's ability to deliver a full suite of Visual Communications solutions and complements our existing Converged Communications proposition in the UK. The synergies between Dimension Data and mvision are excellent.
"Both companies are services-led but believe in selling a full complement of professional services, managed services and technology. Our service offerings are complementary and well aligned, and the two cultures are highly compatible. In addition, there is little overlap in our client bases, so the opportunity for growth by leveraging both companies' client bases is significant," he explained and added that in time, mvision will be integrated into Dimension Data.
mvision MD Terry Dwyer commented that being part of a global, financially strong organisation with a track record of over 27 years bodes well for its clients, as they will be able to leverage the strengths of Dimension Data's global partner relationships and broader solution sets, and Dimension Data's clients will be able to access mvision's wide range of Managed Video Solutions.
Dimension Data noted that a December 2009 Gartner Report stated that "by 2015, over 200 million workers globally will run corporate-supplied videoconferencing from their desktops. By 2012, 40% of enterprises will adopt a blend of cloud- and premises-based approaches to meet their UC needs," and "by 2015, large companies will cut the number of vendors they use to deploy UC solutions by 60%, but they will still need at least three vendors for a full UC solution."