NEW YORK--()--Dimension Data (LSE: DDT), a $4.0 billion global IT solutions and services provider, today announced it has acquired a 51% interest in Magenta Computacion S.A. (Magenta), a leading systems integrator based in Santiago, Chile, for an undisclosed sum. The transaction, effective April 7, 2010, allows Dimension Data to further extend its global footprint into the fast-growing Latin America (LATAM) market and better serve the company’s multinational clients. Magenta will be immediately rebranded as Dimension Data Chile.
“We are particularly excited about Magenta’s experience in the service provider market, which is a high-growth segment in Chile and throughout LATAM. Tapping into this segment is a key component of our LATAM growth strategy.”
With this transaction, Dimension Data Americas now has operations in five countries: the U.S., Canada, Mexico, Brazil and Chile. This transaction provides Dimension Data with a foundation for future growth into neighboring markets and the ability to capitalize on the many opportunities offered by LATAM’s favorable economic environment. According to the World Bank's “Doing Business 2010” report, Chile is among the most business-friendly countries in Latin America.
“Magenta is an excellent fit with Dimension Data. The company is focused on services, which contribute to long-term recurring revenues; is a unified communications leader and has extensive experience in complex network integration projects,” said Jere Brown, CEO of Dimension Data Americas. “We are particularly excited about Magenta’s experience in the service provider market, which is a high-growth segment in Chile and throughout LATAM. Tapping into this segment is a key component of our LATAM growth strategy.”
Magenta boasts more than 22 years of experience providing technology solutions to more than 500 clients. The company’s numerous certifications and specializations underscore its extensive expertise in network integration, security and unified communications. In addition, Magenta offers professional and managed services, including consulting, installation, diagnostics, maintenance and monitoring. Magenta is a Cisco Silver Certified Partner and has strong partnerships with other key technology players.
Dimension Data Chile will operate out of Magenta’s existing offices in Santiago. Alberto Mordojovich, CEO of Magenta for the past 17 years, will serve as country manager, Dimension Data Chile.
“Magenta is proud of its rich heritage in Chile. Our regional expertise, combined with Dimension Data’s long-standing global track record, positions us well for growth and success,” Mordojovich said.
About Dimension Data
Dimension Data plc (LSE:DDT), a specialist IT services and solution provider, helps clients plan, build, support and manage their IT infrastructures. Dimension Data applies its expertise in networking, security, operating environments, storage and contact center technologies and its unique skills in consulting, integration and managed services to create customized client solutions. www.dimensiondata.com
About Magenta Computacion SA
Magenta S.A., a specialist ICT services company with more than 22 years in the Chilean market, provides network integration, unified communications, security, wireless and managed services offerings. Its clients span many industries, including service providers, financial services, education, healthcare, government, mining and retail. www.magenta.cl