The 3 most notable business acquisitions in Spanish Cloud Computing

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Integral service around a transaction
BY : SAMUEL REGATOJune Thu, 2021

As described in the investment analysis by Baker TillyCloud computing is a promising sector and one in which there are many possibilities for business acquisitions and investment. It is present all over the world, as described in the article "Cloud Computing in the world".Global Financing of the Cloud Computing Sector"The number of significant transactions and operations is increasing. In addition, the United States is the country with the highest number of operations and the highest revenue obtained, in line with the usual practice.

Image by Viktor Karlsson, CEO of Telavox

If we focus on Spain, we conclude that it is a country with a low number of operations, but with great potential. As Viktor Karlsson, CEO of Telavox, says, "Spain is a leading country in Europe in digital infrastructure".This underlines the great investment potential that exists in the country.

In this article we focus on three of the most relevant business acquisitions according to our expert analysts in the technology sector, analysing each of them to show and understand the purpose of the operation. They are the following:

  • Telavox's purchase of Numintec
  • Globant acquires Habitant
  • GIGAS acquires SVT Cloud Security Services

The companies acquired in these operations are Spanish companies.

Telavox acquires Numintec

One of the most interesting business acquisitions is the one made by Telavoxa Swedish company founded in 2002 with the aim of making business communications simple and natural. With this in mind, they developed a cloud platform, having complete control over it, unlike many other companies that operate unified communications platforms (UCaaS).

The UCaaS (Unified Communications as a Service) is based on providing communication and collaboration applications and services for businesses. Specifically, Telavox offers intelligent and efficient telephony, PBX and chat communication solutions, among others. 

Numitec is one of the latest major business acquisitions.

On the other hand, Numintec is a Spanish company based in Barcelona. It is dedicated to telecommunications services consultancy, intelligent communications management, etc. Also founded in 2002, Numintec provides automation in business processes thanks to the incorporation of artificial intelligence.

The main reason for this acquisition, which took place on 11 March, is the integration into a new market (Spanish and even Portuguese) and its consolidation in a growing market, especially in terms of UCaaS, such as Spain. This operation also consolidates a much more powerful product, allowing customers to benefit from a comprehensive communication and a solid mobile offer, as defined by Numintec's CEO, Albino Campo. Finally, Viktor Karlsson, CEO of Telavox, highlights that the Spanish market is perfect for his idea as it is a market that realises the need for mobile communication centre services.

Globant acquires Habitant  

The second of the acquisitions of Spanish businesses is the one carried out by Globant. This company was born in Argentina in 2003, although its current headquarters are in Chicago, USA. It offers digital native technology services with the aim of completely transforming the client company, converting them, as they say, into a new way of being digital. It has already made 16 acquisitions and has received more than $100 million in funding.

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For its part, Habitant is a renowned Spanish digital marketing consultancy with a strong Spanish-speaking presence. It helps solve business problems through products, services and digital experiences.

The transaction took place on 12 May. As mentioned above, Habitant has a strong presence in the Spanish-speaking market, so that Globant gains by consolidating in this market. Moreover, as Habitant is a specialist in digital marketing, Globant reinforces its product design, hoping for a future benefit due to the current great potential of the sector..

GIGAS acquires SVT Cloud Security Services

Finally, the purchase of SVT Cloud Security Services by GIGAS. Both companies are Spanish and both refer to the world of Cloud Computing.

This operation, despite having been carried out in 2018, is still remarkable as it marks a trend that will hopefully be in the near future for Spanish companies. Previous acquisitions were made by foreign companies, like most acquisitions in Spain, indicating that Spain is a good place in which to invest and with great potential.

The 3 most notable business acquisitions in Spanish Cloud Computing

On the other hand, it is also a good indication that Spanish companies themselves are the ones that want to expand and consolidate, as in this case, in the Spanish market. GIGAS is one of the largest Cloud companies in Spain with more than 20 million in funding and two acquisitions throughout its history (founded in 2011). It is dedicated to offering convergent and comprehensive communications and Cloud services.  

This acquisition of SVT is the first of four acquisitions by GIGAS. It subsequently bought Colombia's Ability, Portugal's AHP and Ireland's Ignitar. All of these companies, acquired in the past four years, are focused on cloud services that improve latency and customer service. This underscores the GIGAS vision of expand and consolidate in the marketThe company's main focus is on the Cloud, making it clear that it is not only foreign companies that are merging with or acquiring Cloud companies.

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