Nasdaq- and Euronext Amsterdam-listed VEON, a global provider of connectivity and internet services, has acquired cloud IT infrastructure provider IBS DataFort.
The acquisition was made by VEON's VimpelCom Russian subsidiary that runs the Beeline mobile operator brand, and IBS DataFort will be integrated into Beeline's BeeCLOUD business unit.
IBS DataFort has been in the technology market since 2001, and offers managed private, public and hybrid cloud services to address a range of business needs.
The acquisition will enable VEON's Beeline mobile operator in Russia to expand its portfolio of cloud services for business customers. Beeline says it plans to jointly develop new products and integrated solutions around cloud, cyber security, big data analytics and IoT.
“Augmented intelligence, based on big data, is a foundation of all the products that we offer to our business customers, and a key enabler of our digital operator strategy,” said Kaan Terzioglu, CEO of VEON Group. “The acquisition of IBS DataFort will enable us to expand our technological capabilities, by bringing together our internal expertise and connectivity assets with the know-how and proven performance of IBS DataFort.”
In 2018, ngena, the global next generation enterprise network alliance, added VEON to its partner stable to sell software-defined wide area networks (SD-WANs) to its business customers in Russia, Georgia, the Ukraine and Kazakhstan.
