Atea acquires Columbus’ Private Cloud business
– Atea has entered into an agreement to acquire Columbus’ private cloud services business. The agreement will take effect from January 2021 and as part of the acquisition a small number of employees will join Atea.
“The agreement with Columbus has great strategic value for us. In 2020, we have invested heavily in cloud and managed services and have experienced significant growth in the areas included in this agreement with Columbus. It’s a perfect match and we see ourselves as a natural cloud partner for the customers we are now taking over, and we are looking forward to helping them continue their digital journey”, says CEO in Atea, Kathrine Forsberg.
The investment in Columbus’ Private Cloud business is to be seen in the context of Atea’s recent agreement with SKAT as well as a major partnership agreement with Microsoft to bring the Azure platform to far more Danish customers. As part of the latter, several hundred Atea consultants have upgraded their cloud capabilities with the highest certifications, and this all reflects Atea’s significantly increased focus on managed services and the cloud.
Columbus focuses its business
With the sale of the Private Cloud business, Columbus is focusing its Infrastructure Managed Services business on public cloud solutions that target the company’s customers within the key industries; food, retail and production.
”With the sale of our Private Cloud services and customer portfolio to Atea, we can focus our Columbus Care business on public cloud and our large portfolio of Application Management Services while ensuring our Private Cloud customers the best expertise with Atea Cloud”, says Interim CEO & Corporate CFO in Columbus, Hans Henrik Thrane.
The sale of the Private Cloud business is part of Columbus’ Focus23 strategy to simplify the business and focus more on digital advisory and services for larger customers. Today, Columbus provides a wide range of solutions within Infrastructure Managed Services such as private cloud, public cloud and application management under the Columbus Care Services umbrella.
Contacts
Tine Rasmussen, Communications Director, Columbus
E-mail: tra@columbusglobal.com
Phone: +45 29 69 06 77
Maja Nordal Brenøe, Director, PR & Communication, Atea
E-mail: Maja.Nordal.Brenøe@atea.dk
Phone: +45 4214 0246
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About Columbus Global
Columbus is a global IT services and consulting company specialized in digital transformation. Our more than 1,500 digital explorers collaborate with our customers in the manufacturing, retail & distribution, and food & process industries. We advise, implement and manage business critical solutions within Strategy & Change, Customer Experience, Digital Commerce, Data & Analytics, Application Management and Cloud ERP. Headquartered in Denmark, we have offices and partners worldwide - delivering locally on a global scale
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Latest releases from Columbus Global
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Columbus surpassed its organic growth expectations in 2023, delivering growth of 11%, and 15% adjusted for currency and acquisition. The growth is expected to continue. The Company has set new goals for the future, aiming to continuously grow the top line by 10% annually and improve profitability to an EBITDA margin of 15% by the end of 2026.
New analysis of Columbus’ financial results for Q3 2023 and new strategy; New Heights4.12.2023 14:22:29 CET | Nyhed
The stock analysis firm, Aktieinfo, has just published an analysis of Columbus’ results for Q3 2023 and the newly published strategy - New Heights. The analysis concludes, among other things, that: "After ten consecutive quarters of growth and maintaining guidance for 2023 with organic growth expected to be between 8-12% and an EBITDA margin of 7.4-9.0%, Columbus concludes the strategic plan Focus23. All goals have been achieved. Now, new ambitious yet achievable goals are set for the period 2024-26, anticipating an annual average organic growth of 10% and a significant improvement in the EBITDA margin to 15% by 2026. Columbus is thus taking a step towards 'New Heights' for revenue, earnings, and stock prices." The analysis can we found here (in Danish): https://ir.columbusglobal.com/static-files/7dc8b8dd-b686-4a70-8dc9-5b93f513aaa5
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New analysis of Columbus’ financial result for Q2 2023 published by Aktieinfo31.8.2023 12:16:10 CEST | Pressemeddelelse
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