Logicalis Group acquires a 51% shareholding in ituma

Datatec has announced that Logicalis Group has acquired a 51% shareholding in ituma GmbH, a speciality software developer based in Germany.
 
Logicalis will have exclusive rights to ituma's proprietary software based Wi-Fi platform. The technology enables businesses to deliver Wi-Fi enabled-services such as 3D in-location navigation, product and service offerings access, product promotions and omni-channel retail ordering to their customers.
 
The acquisition presents a significant opportunity for Logicalis to grow ituma's licence revenues exponentially and increase infrastructure revenues globally through its own sales organisation.
 
Jens Montanana, Datatec's Chief Executive Officer commented: "Wi-Fi enabled-services is an exciting segment of the growing global wireless data market. Our investment in ituma provides Logicalis with access to a new complementary solution that has the potential to support increases in annuity, services and infrastructure revenues across multiple territories in which Logicalis operates."