Datatec's Logicalis subsidiary has bought a hosted desktop and mail solutions provider, for an undisclosed amount.
Logicalis' wholly-owned local subsidiary, Logicalis Jersey, will be doing the deal and iConsult will be incorporated into Logicalis' existing Channel Islands operation.
Dual-listed Datatec says the deal will strengthen the "current IT services positioning of the business, which is ideally suited to fiduciary customers headquartered in the Channel Islands". Almost all of iConsult's annual revenue - of around $2 million - is annuity-based.
"With Logicalis' current hosted services being based in Guernsey, the transaction means Logicalis is now better placed to provide cloud and hosted desktop services to the whole Channel Islands," says Datatec.
The islands are an archipelago of British Crown Dependencies in the English Channel, off the French coast of Normandy, according to Wikipedia.
Logicalis, headquartered in the UK, employs nearly 3 500 people worldwide and has around 6 000 corporate and public sector customers. It partners with Cisco, HP, IBM, CA Technologies, NetApp, Microsoft, VMware and ServiceNow on an international basis.
The group has annualised revenue of more than $1.4 billion, from operations in Europe, North America, South America and Asia Pacific.
"This acquisition adds scale to the Logicalis managed services offering in the Channel Islands, which it acquired through the acquisition of the European subsidiaries of 2e2 in March this year," says Datatec CEO Jens Montanana.
Logicalis bought the European subsidiaries of 2e2, excluding the UK business, for EUR24 million - then some R283 million - in shares and cash from the company's administrators in March.
In January, 2e2's UK operations were put under administration after the group, one of the UK's largest IT services companies, failed to secure finance to repay its "considerable debt", reported InformationAge.
iConsult operates in a number of global jurisdictions, including the Channel Islands, Switzerland and the United Arab Emirates. It claims to have been among the first companies to launch cloud-based IT services internationally, through its hosted desktop, in 2006.
"We can now deliver cloud-based and hosted desktop and BYOD [bring your own device] services to a larger customer base in the Channel Islands and increase Logicalis' revenue annuity base," says Montanana.
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