US reseller giant Presidio enters Europe with Arkphire acquisition
$3bn-revenue Presidio claims deal will fuel business expansion into Europe and APAC
US reseller giant Presidio has launched into the European market after acquiring Dublin-based IT procurement and services company Arkphire for an undisclosed sum. Presidio, which is a $3bn-revenue player in the US, claims it will use Arkphire as a platform to expand its business across Europe and Asia Pacific . The transaction is subject to regulatory approvals but is expected to close in the first quarter of next year. The deal would mark the first steps for Presidio outside of its home...
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OUR TAKE: How will Presido fare in Europe following its Arkphire acquisition?
CPI editor Josh Budd weighs up the success of US-based resellers in Europe to draw a conclusion as to how quickly Presidio could make its mark this side of the Atlantic
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