Belgian company Destiny, a provider of cloud and business communication solutions for SMEs, has acquired Swedish analytics and reporting company Meridix.
Meridix offers platforms that collect data from multiple communication solutions and presents them in one unified user interface. For more than 10 years, Destiny has been a partner of Meridix, with both firms claiming to have a significant number of common service provider customers in Europe and beyond.
Destiny, with headquarters in Brussels, says it has 700 employees in seven European countries and an annual turnover of close to €200m in 2021.
"We are always looking for talented companies that fit with our strategy and company culture, which we can help grow faster at the same time,” said Daan De Wever, CEO of the Destiny Group. This acquisition is a next step in working even closer with Meridix in order to bring innovation faster to service providers and the companies that rely on our cloud communication technology."
Destiny said the acquisition is an essential part of its strategy to offer cloud communications solutions to SMEs in Europe, to bring more business value and innovation to its service provider customers, and gain access to new service providers.
Meridix will become part of the Destiny for service provider organisation and the team, and management will be fully integrated within the Destiny Group.
By joining the Destiny Group, Meridix said it will enhance business opportunities and future-proof the company for both service provider customers, partners and employees.
"We are proud and excited to team up with the leading UCaaS provider in Europe as a native part of Destiny's product catalogue going forward," added Johan Wendelstam (pictured right), CEO of Meridix. "We will be in a much better position to continue to support and grow together with our partners and customers, at the same time as we increase technical investments and the product innovation pace."