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
Target (Company) Axept AG
Acquirer (Company) Swisscom AG
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.
In addition it will also allow Axept to supplement its portfolio with one-stop network and telephony services.
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