Datatec, through its subsidiary Logicalis Group, has acquired a 51% stake in German speciality software developer ituma for an undisclosed sum.
Datatec says that Logicalis will have exclusive rights to ituma’s proprietary software based WiFi platform. The technology enables businesses to deliver WiFi enabled-services such as 3D in-location navigation, product and service offerings access, product promotions and omni-channel retail ordering to their customers.
Established as a start-up company in 2010, ituma has highly specialised skills and a unique offering. The acquisition presents a significant opportunity for Logicalis to grow ituma’s licence revenues exponentially and increase infrastructure revenues globally through its own sales organisation.
“WiFi enabled-services is an exciting segment of the growing global wireless data market,” says Datatec CEO Jens Montanana.
“Our investment in ituma provides Logicalis with access to a new complementary solution that has the potential to support increases in annuity, services and infrastructure revenues across multiple territories in which Logicalis operates.”