News
NTT Com to Acquire a Maximum 91.2% Stake in Arkadin
August 2013 by Marc Jacob
NTT Communications Corporation, Arkadin International SAS and AXA Private Equity jointly announce that they have entered into exclusive negotiations over NTT Com’s acquisition of a majority stake in Arkadin, the world’s third-largest collaboration service provider(1). The agreement will be implemented after the necessary notification and consultation with the relevant works council. The management of Arkadin will reinvest alongside NTT Com. The agreement remains subject to the authorization of the antitrust authorities.
Arkadin offers a wide range of conference-related solutions covering audio, web, video conferencing and unified communications services. It serves approximately 37,000 customers in 32 countries, including France, Germany, the UK, USA, Australia, China, Singapore and Japan. The company was launched in 2001 by CEO, Olivier de Puymorin.
Since AXA Private Equity’s investment in 2012, Arkadin has experienced double digit revenue growth and has been able to reinforce its leading market position through a number of significant developments, including the acquisition of video conference specialist, Novasight.
To date, NTT Com’s customers have been seeking to lower their costs and streamline operations by integrating internal communication tools with NTT Com’s Arcstar Audio Conferencing, Arcstar Web Conferencing, Arcstar Video Conferencing and cloud-based Arcstar UCaaS unified communications service. NTT Com, under its Global Cloud Vision, is leveraging its strengths as a major telecom operator to deliver innovative Global Total ICT Outsourcing services that meet customers’ total cloud-based and other ICT needs.
