Smart Grid

TMCNet:  Swisscom acquires Axept

[December 20, 2010]

Swisscom acquires Axept

Dec 20, 2010 (Datamonitor Financial Deals Tracker via COMTEX) -- Swisscom AG, a telecommunications company, has acquired Axept AG, a provider of ICT infrastructure solutions. Both the companies are based in Switzerland.

The acquisition does not include Axept Business Software AG, a sister company of Axept AG specializing in business software solutions.

Deal Type Acquisition Sub-Category Majority Acquisition Deal Status Completed: 2010-12-20 Deal Participants Target (Company) Axept AG Acquirer (Company) Swisscom AG Deal Rationale This acquisition will enable Swisscom to further enhance its expertise and market position in the engineering and operation of software-based unified communications and collaboration solutions.
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In addition it will also allow Axept to supplement its portfolio with one-stop network and telephony services.

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