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Announced

Completed

Eurofiber completed the acquisition of a majority stake in MatrixMind.

Synopsis

Eurofiber, a provider of infrastructure construction services, completed the acquisition of a majority stake in MatrixMind, a Dutch company that specializes in hybrid and multi-cloud solutions. Financial terms were not disclosed. "Data continues to grow exponentially, accompanied by increased demand for fiberoptic connections. We see a growing need among our customers for flexibility. They want to be able to decide for themselves if they want to move to the private or public cloud, for example, and how fast – and they also want to be able to partially go back or switch providers if necessary. In terms of connectivity, the need for flexibility translates into the demand for real-time scalable capacity, which we offer through our DCspine platform. MatrixMind enables us to offer our customers integrated solutions as well as the desired flexibility in their hybrid and multi-cloud strategy. Accordingly, the platform will play a significant role in our portfolio," Eric Kuisch, Eurofiber Chief Operating Officer.

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