Announced

Sequotech to acquire Exxo.

Synopsis

Sequotech, a Swiss network of specialized IT services companies that supply cutting-edge goods and services, agreed to acquire Exxo, a IT service provider focusing on the needs of small and medium-sized businesses. Financial terms were not disclosed. "With Sequotech, we have found the ideal partner to continue our growth as a major group with a solid foundation. The group companies complement each other perfectly in terms of geographical coverage and service portfolios. We look forward to building a leading Swiss technology company together," Stefan Dettwiler, Exxo CEO.

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