Dublin-based IT services provider Arkphire will be fully acquired by US technology company Presidio to create a new global IT services and supply group. Arkphire's senior management, including co-founder and CEO Paschal Naylor, will remain in their roles. The deal is subject to approval from Irish and European competition authorities.
The acquisition of Arkphire will help Presidio expand across Europe and the Asia-Pacific. Presidio's USD 3 billion IT solutions and services business has a local presence in more than 57 locations across the US, serving around 7,300 medium, large and government organisations. Arkphire has revenue of EUR 160 million and over 250 employees serving customers in more than 90 countries.
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