Six months after its successful launch, the cloud service provider Skaylink is reaching for a northern star: Today, the company is announcing the acquisition of cVation, one of Denmark’s leading cloud service providers. Skaylink thus underlines its goal of becoming the pre-eminent pan-European cloud services provider, while also intensifying its commitment to the Microsoft Azure cloud. The acquisition was backed by Waterland Private Equity, the private equity investor supporting Skaylink’s accelerated growth since day one.
The combination of Skaylink’s and cVation's approaches offers existing customers added expertise in key cloud areas. In addition, the two companies will bundle their best practices for modern cloud environments and create best-of-breed scenarios.
For Skaylink, the Danish market provides an excellent opportunity to gain a footing in the Nordics. The Danish market is increasingly moving towards the cloud, as digitization drives growth and efficiency across industries. Thus, it shares many similarities with the German market in terms of cloud adoption. Skaylink and cVation have the unique chance to become the dominant player in Denmark.
Pan-European expansion
"After several acquisitions and now cVation in Denmark, Skaylink takes a step towards pan-European expansion. We focus on selected regional champions in their respective fields. cVation is an outstanding pioneer in taking clients beyond the initial level of IT infrastructure: cVation develops cloud-native applications on Azure with a great level of excellence, allowing clients to develop truly scalable digital business models. We are excited to join forces, to the benefit of all clients", comments Elvan Karatas, Head of Strategic Business Development at Skaylink, the acquisition.
"Our approaches in the area of managed cloud service solutions strongly complement each other, and the synergies of the two will have a very positive impact on our customers", says Skaylink CEO Heinrich Zetlmayer.
Christian Møller, CEO, and Nicolai Graff Andersen, CIO, will join Skaylink along with their company. cVation's Copenhagen offices add a new hub to the Skaylink network, while about 70+ employees will join the ranks of current Skaylinks.
