Logicalis adds to Indonesian business with PSI acquisition
Datatec subsidiary Logicalis has taken a majority stake in ICT system integrator and service company Packet Systems Indonesia in a deal designed to add scale and new customer relationships to Logicalis' Indonesian operation.
The deal, which will see Logicalis acquire 54% of Packet Systems Indonesia (PSI) for $6.8 million and Indonesian partner Metrodata acquiring a 14% stake, will provide an opportunity to leverage PSI's telco skills and experience in other Logicalis locations across the region.
Jens Montanana, Datatec chief executive officer, says the acquisition, which is expected to close in the third quarter of 2017, is strategically important for Logicalis as it will serve to enhance the company's operations beyond Indonesia and across Asia Pacific.
“Blending Logicalis' methodology and experience with PSI's scale and customer reach will bring wider scale and customer relationships across a number of high growth regional markets,” Montanana says.
PSI, which is a Cisco Gold Partner specialising in data center, collaboration, information security solutions as well as service provider and enterprise network, will be integrated with Logicalis Metrodata Indonesia - the existing Indonesian operation of Logicalis.
Datatec says Logicalis' newly established Asia Pacific security managed service practice, based in Singapore, will support new service offerings to customers in Indonesia.
“Through this transaction, PSI will also bring its own portfolio of digital solutions and services to existing and new customers, in both the telco and enterprise markets, such as internet of things, software defined technologies and data analytics,” Datatec says.
Datatec says the Indonesian telco sector is the fourth largest in the world and the ICT market is continuing to show strong growth.