Bechtle : buys Open Networks in Austria

Bechtle buys Open Networks in Austria

• IT system house Bechtle expands its market position in Austria
• Bechtle wins highly qualified specialists
• Enhanced offering in application, data centre, security and network services

Vienna, 16 September 2021 - Bechtle's Austria IT system house has acquired Vienna-based IT service provider Open Networks GmbH. The purchase sees Bechtle further bolster its position as an IT solutions and service provider on the Austrian market, adding to the fold an organisation specialised in delivering IT infrastructure solutions and application, data centre, security and network services. Founded in 2008, Open Networks currently employs 25 people and is shooting for FY 2021 revenues of around 12.5 million euros. Open Networks' market activities remain unchanged for the time being, with Bechtle's medium-term plans foreseeing an eventual full integration with its Vienna location. Founder Daniel Knözinger will retain his role as Managing Director, and two other founding members, Markus Huber and Florian Pressler will also stay aboard.

Over the past 13 years, Open Networks has built a successful business as a provider of extensive B2B IT services, today catering to more than 250 customers in Austria. As a specialist in IT infrastructure solutions and professional services in the areas of application services, data centre, security and network, Open Networks possesses the highest certifications from manufacturers such as Cisco, F5, Barracuda and Red Hat. The Bechtle Austria IT system house maintains seven locations across the country. Open Networks' workforce will primarily strengthen the Vienna office.

Robert Absenger, Managing Director, Bechtle IT System House Austria: 'With Open Networks, we were able to win an organisation that is excellently positioned in the market and brings an outstanding team to Bechtle, with specialists boasting the highest certifications who will proof a perfect addition to further sharpen our focus. Together, we are generating tremendous added value for our customers and partners as we realise IT infrastructure solutions and Professional Services.'

Daniel Knözinger, Managing Director, Open Networks: 'I am very pleased to be joining forces with Bechtle as we continue on our successful trajectory in Austria. Our focus has always been on delivering high-quality services surrounding complex technologies and products. Going forward, our customers will greatly benefit from this future-oriented partnership that allows them to leverage even more know-how, services and innovations.'

The acquisition remains subject to the approval by the relevant competition authorities. As is usual, the purchase price and conditions remain confidential.