Tuesday 03 March 2020

3 March 2020 - UK-based telecoms advisory Analysys Mason has agreed to acquire Germany based telecom-focussed management consultancy Allolio and Konrad, the company said.

Terms of the transaction were not disclosed.

Within the last decade, Allolio and Konrad, has supported business and IT transformations within the German banking and utility sectors.

Analysys Mason said the acquisition represents an expansion that complements the work done by its Nordic offices and Telecom Software Research.

The office in Bonn will also form the basis of further expansion of established consulting and research offerings to existing and new German-based clients.

The transaction strengthens Analysys Mason's position in the market for strategic, digital transformation, IT transformation, and performance consulting, and broadening its skills base to support the accelerating demand for 5G expertise.

A presence in Germany complements the existing footprint of Analysys Mason's international offices, adding valuable skills and expertise to better serve its multinational clients.

The acquisition is subject to the approval by the German Competition Authorities and is expected to be finalised in March 2020.

Analysys Mason, a company of Datatec Group, is a global specialist adviser in telecoms, media and technology.