Eir Business ups digital transformation game with Evros merger
6 January 2021 | 0
Evros Technology Group and eir Business have announced plans to merge.
The new entity will provide end-to-end telecoms and IT solutions including mobility solutions (with Ireland’s largest 5G network), networking, cloud, security, managed services and IT contracting.
“This transaction creates Ireland’s largest Tier 1 telecoms and ICT provider,” said Martin Wells, managing director, eir Business. “Connectivity, security and digital transformation have become crucial considerations for Irish businesses in recent years, even more so during the pandemic.
“With this deal, eir Business can provide innovative technological solutions to address these strategic concerns, allowing businesses to focus on the future with confidence. The combined business will bring together both companies’ strengths – the flexibility, agility and customer focus of Evros together with the networking reliability, expertise and reach of eir Business.”
Brian Larkin, managing director of Evros Technology Group, said: “We are very excited to be joining forces with such an established organisation as eir Business. The new entity will create huge opportunities for our client base and our staff as we develop the natural synergies between the two companies to deliver what will be an unrivalled Communications and IT Services portfolio into the Irish marketplace.
Carolan Lennon, CEO, eir Group, said: “This is another important step in our ambitious investment strategy for Ireland, building the country’s best networks and delivering a comprehensive service portfolio, which will allow us to provide our customers with all the tools they need for their digital future.”
Founded in 1990, Evros’ partner network includes Microsoft, Dell, HPE, VMware and Citrix. The merger values the company at €80 million, subject to future business performance.