British telecom giant Vodafone has announced the acquisition of German company Skaylink, which specializes in cloud technologies and digital business transformation, Reuters reports.
The deal is worth €175 million (approximately $204 million). The seller is investment company Waterland Private Equity.
Skaylink is a leading full-service cloud, digital transformation and security specialist with offices throughout Germany and across Europe. Its team of over 500 professionals are recognised experts at managing cloud deployments and migrations across Microsoft and Amazon Web Services environments and implementing AI solutions for business customers.
Completion of the transaction is expected by the end of March 2026, subject to the receipt of necessary regulatory approvals, as is stated at Vodafone’s website.
