The acquisition is intended to strengthen the IBM business consulting capabilities of Logicalis US operations and will enhance the companys Midwest presence by adding 65 professionals, boosting the total number of employees to over 500 in the US.

The acquisition will also increase Logicalis Groups US revenue to nearly $500m and increase its presence in several major metropolitan US markets, including Green Bay, Milwaukee, and Minneapolis. It also extends Logicalis capability to provide IBM-based solutions to the SME environment.
 
Logicalis acquisition of Computech Resources follows shortly after Logicalis European operations finalised the acquisition of a small Saarbrucken-based German ICT services organisation called, re:solution (Reichert Network Solutions GmbH).

The re:solution business will operate under the Intact Integrated Services banner, an independent services organisation within the Logicalis Group. The acquisition of re:solution is intended to place Intact Integrated Services in a position to offer channel customers access to specialised skills in seven German cities and to provide a support capability across Northern and Central Europe.

According to Jens Montanana, CEO of Logicalis Group, these acquisitions will further extend Logicalis capabilities in the US and Europe. They will also support the companys goal to act as a single-source solution provider and to become a dominant supplier in the sector delivering secure, converged computing and communications infrastructure and services to business and the channel, he says.
 
This is the fourth acquisition made by the Datatec Group in the new financial year. The group made five acquisitions last year, all of which have been successfully integrated.
 
In May 2006 Datatec reported healthy results posting an 18% increase in revenue to $2,98bn and achieving a nearly six-fold increase in operating profit to $69m. Logicalis Group, which restructured its UK business earlier this year, performed strongly in the last financial year, with revenue excluding acquisitions rising by 16% to $440,3m, and revenue including acquisitions growing to $545,6m. Logicalis earnings before interest, tax, depreciation and amortisation nearly doubled to $16,7m and it posted gross margins of 20%.