EOH, one of South Africa’s largest technology, consulting and outsourcing companies listed on the software and computer services sector of the JSE, today announced that it has acquired network specialists, LANmetrix (LMX).
Asher Bohbot, CEO of EOH, says the acquisition is in keeping with its stated growth plan to offer “end to end” solutions to its clients. “Our acquisition of Bromide last year provided EOH with a strong infrastructure partner whilst the launch of EOH Interim Talent is providing the market with much needed IT skills.”
He says that the LMX acquisition significantly enhances the company’s provision of hosting and networking solutions, and EOH is very excited about the level of skill the team at LMX provides.
“As a company, we value people and the talent that lies within each individual. We were very impressed with what LMX offers and see great synergies between our respective companies,” says Bohbot.
LMX was founded in 1994 and provides network and WAN optimisation solutions. Bohbot says the company’s skills transcend product knowledge, incorporating consulting and network strategy, “Networking is an important component of IT today and the LMX team is among the best in the industry.”
Vendor neutral and product independent, LMX believes that everything is in fact a networking problem. “A network encompasses everything from the wire, through the technology to the application and the business user,” says Hendrick Mosopa, CEO, LMX.
Mosopa views the EOH acquisition as extremely positive, believing that LMX will grow and prosper within an organisation such as EOH. “This is a very important and positive move for LMX as it signifies a move from an industrial focused environment to an IT focused one. Whereas before we were a very small component of the Barloworld business, we now form an integral part of EOH and its growth strategy. The acquisition will also enable us to add value to EOH’s large customer pool.”
He says both LMX and EOH share an entrepreneurial spirit and drive to succeed, “We are totally committed to network and application service delivery. Our focus rests on analysis, troubleshooting and the ongoing performance management of network infrastructure and networked applications.”
According to Brett Airey, sales and marketing director at LMX, the South African networking market is growing at a rapid pace. Airey says that networking is critical for any IT operation, “If the network doesn’t work, a company’s IT system is useless. LMX now closes the loop in the EOH model by offering a complete network strategy.”
The deal was effective from 1 June 2007.