NextiraOne acquisition finalised

Integrator acquired by AACF and looks to build European presence

NextiraOne has announced the completion of its acquisition by ABN AMRO Capital France (AACF) and has appointed Rafi Kouyoumdjian as its new chief executive.

As a result of the acquisition AACF, the French team of ABN AMRO Capital, becomes the majority shareholder in NextiraOne, which generated over one billion euros in 2005 and has over 100,000 customers in 16 European countries.

Kouyoumdjian’s role will be to grow the firm’s market share and profitability across Europe. He replaces former chief executive Bruno d’Avanzo, who has left to pursue other interests.

“This is an exciting time for NextiraOne. In four years the company has established itself as a significant player in the European communications market,” said Kouyoumdjian.

“We now intend to make the company the dominant market player in IP communications solutions and managed services in Europe, with extended reach in the private and public sectors. With the support of ABN AMRO Capital France and of our European management team, we are in a fantastic position to be able to achieve this goal,” he added.

Camillie Mendler, vice president telecoms strategies for analyst firm Yankee Group said: “NextiraOne is one of the leading convergence integrators in Europe. It has a significant range of expertise across key convergence vendors and there is growing momentum in its managed services capabilities.”