South Africa’s Dimension Data Acquires 100% Stake at US-based Nexus
Nexus Solutions, Inc. is world renowned company providing advanced IT solutions to big organizations, mid- to small business and public sector based clients. It has specialized in providing advanced IT solution for various industries like retail, healthcare and education. Dimension Data is a South Africa ICT Company with its headquarters in Johannesburg, which prides itself to be among the market leader in providing technology solutions to transform the way businesses run their activities.
Dimension Data recently made a big announcement that it has acquired 100 percent stake at Nexus Solutions, Inc., however Dimension Data is yet to make public the full disclosure on the acquisition details. Nexus is based in California with 19 offices in Utah, Arizona, Colorado, Nevada, California, Texas, Florida, Georgia, North Carolina and Washington. Dimension’s acquisition of Nexus will expand Dimension’s operation by 40 percent in the North American market.
Brett Dawson, the Dimension Data plc CEO says, “The acquisition of Nexus is a significant strategic step in enhancing the Group’s geographic coverage and depth of skills and capabilities to support our clients. For over three decades, Dimension Data has been building expertise and experience in ICT solutions and services that deliver real business value to our clients. Nexus increases our ability to support both our US-based and global clients with significant West Coast presence”.
His American counterpart, the Dimension Data Americas CEO, Mark Slaga was quoted saying, “Together, the assets of both companies position Dimension Data as one of the leaders in the provision of services and solutions in the ICT sector across the US. Nexus brings a rich set of services and solutions to the Group, particularly in the data center, collaboration, enterprise networks, security and cloud spaces. In addition, there’s minimal overlap of geographies and clients, which strengthens Dimension Data’s presence across the Americas.”
Nexus Solutions, Inc. CEO, Deron Pearson had to this to say about their acquisition by the South African company, “This acquisition is a fantastic milestone in the history of the company and a tremendous endorsement of our employees, as well as the excellent solution and services that Nexus provides. I am very excited about the opportunity for our clients to tap into Dimension Data’s solutions and services, particularly the opportunity for us to extend new cloud capabilities. IT outsourcing and additional managed services on a global basis.”
In the new acquisition management, not much drastic changes will be done to Nexus management and running. The Nexus CEO, Pearson and the Nexus President and COO Waheed Choudhry will still execute their duties as before, but will work in a close relationship and reporting to Slaga, the Dimension Data Americas CEO.