Earlier this week Epsidon Technology Holdings (Epsidon) recently announced its acquisition of Nology, a local distributor of converged IP solutions.
Nology currently deals with service providers, network operators, systems integrators and resellers across the Southern Africa region.
In terms of the firm’s presence in the country, Nology explains that it will retain its independence within the Epsidon group operating autonomously, under its existing brand and also benefiting from the group’s Level 1 B-BBEE Contributor status.
“Nology is very excited about joining the Epsidon group and the additional value this can bring to all our stakeholders. We have built a successful and growing business over the last eighteen years and would not have been able to achieve this without the support from our customers, vendors and employees,” says MD Karel Leuschner.
“Nology will leverage the Epsidon group’s footprint in West and East Africa, the Indian Ocean Islands and Southern Africa to accelerate our African expansion strategy. Having access to the group’s larger reseller base in South Africa further ensures broader coverage and greater growth opportunities locally,” he adds.
The Epsidon group is equally excited about what this acquisition means, especially for its current network of partners.
“We are really excited about the acquisition of Nology as it provides us with additional high value solution offerings that we can take to our partner base, thereby allowing them to increase their value to their customers,” enthuses Debbie Abrahall, MD of First Distribution (a division of Epsidon).
“Nology’s converged communications offerings will seamlessly extend some of First Distributions’ offering allowing us to bring integrated video, voice and data solutions to the channel. The converged communication market is experiencing much higher growth than the traditional ICT markets, and this will present opportunities for our partners to look at new revenue streams in these high growth areas,” she concludes.
With Nology having already carved out a strong reputation in the converged IP space locally, it should prove interesting to see what benefits this acquisition will hold in 2020 and beyond.[Image – Photo by Cytonn Photography on Unsplash]