EMIT, a leading Irish IT services firm, today announces that it has acquired the manage services business and customer base of Irish IT service provider, Softech. 

It is hoped the deal will enable EMIT to grow their managed services business and it is forecast that the acquisition will add a further €2m in revenue over the next three years.

Founded in 2003 and based in Santry, Dublin, EMIT provides customers with IT solutions and Managed IT as a Service in four core business areas - Cloud Computing, Business Productivity, IT Security and Infrastructure. This acquisition will strengthen EMIT’s Managed Service proposition and capabilities. It will also see EMIT actively supporting a customer base of over 3500 End Users, including enterprise, SMB and public sector organisations.

Softech has been operating in Dublin since 1978. It provides a wide range of Infrastructure, Managed Services, Information Management, Cloud services and Business Intelligence solutions. Its management team assessed several potential acquirers before choosing EMIT, which was seen to have the strongest capabilities to manage its customer base. The acquisition cost is undisclosed.

Commenting on the deal, Founder and Managing Director of EMIT, Eamon Moore said, "We have been looking closely at several acquisition opportunities for some time. We believe that Softech is the perfect fit for our business right now, particularly with its successful pedigree in delivering high quality IT services and solutions. We welcome their knowledge and experience, and will integrate their offerings, team members and customers seamlessly into our business."

Source: www.businessworld.ie