Viatel Technology Group (Viatel) is pleased to announce the acquisition of Sungard Availability Services (Ireland) Limited (“Sungard AS”). This transaction uniquely positions Viatel as the most comprehensive cloud, connectivity, cybersecurity and digital transformation solutions provider in the Irish market, alongside a growing footprint of international customers.
Viatel recently announced the creation of 50 new jobs as the group significantly expands its cybersecurity portfolio. The addition of Sungard AS’ substantial multinational customer base, cloud capability and data centre facilities in Park West and Profile Park further expands the company’s footprint in existing and adjacent markets.
Viatel Technology Group CEO, Paul Rellis, said “Viatel is focused on executing a bold vision to deliver digital transformation with the greatest positive impact for our enterprise customer base globally. Sungard AS delivers innovative and critical services from bases in Ireland, the US and India. We are excited to bring this global customer base, reach, influence and expertise under the Viatel Technology Group umbrella, and we welcome the team to Viatel.”
“We are acquiring capabilities in AWS (Amazon Web Services) public cloud services architecture, high performance computing and private cloud as valuable additions to Viatel’s existing leadership in Microsoft Azure, private cloud and physical data centre solutions. In short, we are now a “one stop cloud shop”.
Mike Robinson, CEO of Sungard AS New Holdings LLC, commented “I am delighted that our customers serviced out of Ireland will continue to receive the great service they have come to expect from our Irish Team, all of whom will be joining Viatel. We wish both the Irish customers and our colleagues continued success under the leadership of Viatel. Over the years the team in Ireland has built a very strong partnership with customers and I am confident that will continue.”
Patrick Morley, who leads the operations for Sungard AS EMEA, will support the transaction to enable a successful transition and continuity of services to existing Sungard AS customers. Patrick welcomed today’s announcement: “Sungard AS serves an impressive range of national and international enterprise customers based out of Ireland. Our clients have been accustomed to exceptional service from a leading technology partner. I am delighted that our customers will continue to enjoy the same high quality of service and innovation within Viatel Technology Group.”
This is the eighth acquisition by Viatel since 2020. During that period, strategic acquisitions and internally developed capabilities have transformed the well-established enterprise connectivity company into a leading-edge digital technology partner empowering over 4,000 Irish and multinational customers. Following this most recent acquisition, Viatel expects annual revenues to exceed €90 million, with over 310 employees.
The group’s expansion strategy, including this transaction, has been supported by AIB Capital Markets. Venture Legal Services acted as legal counsel for Viatel Technology Group.