- e& enterprise enters Türkiye with a 100% acquisition of GlassHouse, reinforcing its ambition to turn into a regional chief in end-to-end digital transformation.
- With this acquisition, e& group expands its operational footprint to 34 markets.
- GlassHouse will function independently as a subsidiary of e& enterprise, retaining its model id.
e& enterprise, the digital transformation arm of e&, right now introduced the profitable completion of its US$ 60 million acquisition of GlassHouse, a number one Türkiye-based supplier of managed cloud, enterprise continuity and SAP Infrastructure providers.
The acquisition, initially introduced in June this yr, strengthens e& enterprise’s capabilities in personal cloud and managed providers, bolstering its total worth proposition with the addition of SAP capabilities and vertical experience inside the banking and monetary providers sector – supported by GlassHouse’s deep understanding and specialist expertise on this house. It additionally marks a big milestone in e& enterprise’s worldwide development technique, following profitable market entries into Saudi Arabia in 2019, Egypt in 2023, and now Türkiye, Qatar and South Africa. This acquisition additionally expands e& group’s operational footprint to 34 markets.
Now a part of the e& enterprise household, GlassHouse is well-positioned for development with a strategic deal with augmenting e& enterprise’s SAP capabilities in each the UAE and Saudi Arabia. As the brand new wholly-owned subsidiary of e& enterprise, GlassHouse will retain its model id and proceed to function independently.
Salvador Anglada, Chief Executive Officer, e& enterprise, stated: “We are thrilled to welcome GlassHouse into the e& enterprise ecosystem as we continue to bolster our value proposition by reinforcing our capabilities, adding vertical expertise, and expanding into high-growth markets. This acquisition is another bold step in our journey to becoming a regional leader in end-to-end digital transformation.”
Alp Bağrıaçık, CEO, GlassHouse, stated: “I am both proud and delighted to announce the successful integration of our company into the e& enterprise ecosystem. By harnessing e& enterprise’s robust portfolio, we will provide our customers with cutting-edge security solutions and innovative strategies to accelerate their digital transformation journey.”
Founded in 2004, GlassHouse has established itself as a outstanding participant within the cloud providers sector. It provides managed cloud, enterprise continuity, on-premise backup, personal sovereign cloud, and SAP Infrastructure providers to over 2,000 enterprises in choose geographies. The firm boasts a sturdy presence within the monetary providers sector, serving 9 of the highest 10 banks in Türkiye. With over 150 professionals working throughout places of work in Türkiye, South Africa, and Qatar, GlassHouse is a trusted companion for business giants similar to Microsoft, Dell, and SAP.