Mergers and Acquisitions, MSP

MSP Acquisition: Microsoft Cloud Partner EMIT Buys Softech

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EMIT has acquired Softech for an undisclosed sum. EMIT expects to gain €2M (US$2.1M) in revenue over the next three years. But that's not all. The company plans to make additional acquisitions, according to an EMIT statement about the deal.

EMIT is a Microsoft cloud and Dell EMC partner in Ireland. The company's IT solutions and managed IT services extend across four areas: Cloud computing, business productivity, IT security and infrastructure. EMIT's customer base now extends across more than 3,500 end users.

Softech, based in Dublin, brings a wide range of solutions to the table. The company, founded in 1978, has built a range of infrastructure, managed services, information management, cloud services and business intelligence solutions. The company's core focus areas include managed services, document management, and the development of business process applications.