EDNX

Irish technology group Viatel has acquired EDNX, a UK-based IT consultancy firm known for its meticulous networking solutions across various sectors including finance and healthcare. This strategic acquisition, advised by KBS Corporate, significantly enhances Viatel's capability to support organisations in highly regulated environments and strengthens its position as Ireland’s largest secure network provider, while accelerating its expansion across the UK market.

Summary of transaction details:

• Value: Undisclosed
• Sector: IT Consultancy / Networking Solutions
• Advisor: KBS Corporate
• Key Entities: Target: EDNX (UK); Acquirer: Viatel (Ireland)
• Location: UK (Target), Ireland (Acquirer)

Note: The acquisition is driven by Viatel's ambition to bolster its technical expertise in enterprise networking and expand its geographic footprint, leveraging EDNX's strong track record and specialized services to create a more comprehensive digital services offering for customers.