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  5. Tineo Acquires nexellent AG

M&A Deal Summary

Tineo Acquires nexellent AG

On November 4, 2019, Tineo acquired information technology company nexellent AG

Acquisition Highlights
  • This is Tineo’s 1st transaction in the Information Technology sector.
  • This is Tineo’s 1st transaction in Switzerland.

M&A Deal Summary
Date 2019-11-04
Target nexellent AG
Sector Information Technology
Buyer(s) Tineo
Deal Type Add-on Acquisition

Target

nexellent AG

Glattbrugg, Switzerland
nexellent AG is an infrastructure-as-a-service and platform-as-a-service provider offering tailor-made cloud, co-location, network, and monitoring services. Its private, public and hybrid cloud solutions are based on the company’s own infrastructure, as well as on Microsoft Azure and Microsoft 365. The company’s three data centers in the Zurich region are ISO-certified and meet the requirements of the Swiss Financial Market Supervisory Authority (FINMA), guaranteeing maximum security and availability. nexellent was formed in 2004 and is based in Glattbrugg, Switzerland.

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Buyer(S) 1

Buyer

Tineo

Munchenstein, Switzerland
Category Company
Founded 2000
Sector Information Technology
DESCRIPTION

Tineo is a full-service IT infrastructure provider for enterprise customers and system integrators, with a growing presence in other regions of Switzerland as well. Tineo offers a comprehensive portfolio of solutions tailored to the individual needs of each customer, ranging from networking and transmission of data to its state-of-the-art fibre-optic network to highly efficient and secure data centre solutions, all the way to cloud-based infrastructure-as-a-service (IaaS). Tineo was founded in 2000 and is based in Munchenstein, Switzerland.

DEAL STATS #
Overall 1 of 1
Sector: Information Technology M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
Country: Switzerland M&A 1 of 1
Year: 2019 M&A 1 of 1
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