Nuvias expands in Eastern Europe with NetSafe acquisition

Nuvias has confirmed the acquisition of the cyber security and networking distributor

Nuvias has confirmed the acquisition of cyber security and networking distributor NetSafe, expanding its presence in the Eastern European market.

The move will bolster Nuvias' investment in Eastern Europe, with the deal widening coverage across Romania, Croatia, Serbia, Slovenia and Bulgaria.

Based in Bucharest, Romania, Netsafe has been in business for 13 years, according to its website, and is a Brocade, Fortinet, Barracuda and Ruckus partner with around 50 staff.

Nuvias says NetSafe will also bring strong vendor relationships that complement and extend its existing portfolio of technology solutions and services.

Simon England, CEO of the Nuvias Group, said: "Nuvias sees significant promise and opportunity in the Eastern European market.

"With Netsafe we have a platform for considerable growth in this region. We have a very strong match in our philosophy and approach to specialist value-added distribution, making for a solid base for accelerated growth."

NetSafe will continue to operate under its existing brand as a Nuvias Group company.

Canalys forecasts the Central and Eastern European IT infrastructure and cybersecurity market to grow at a rate of more than seven per cent in 2022, with a potential $4bn opportunity.

Doru Manea, CEO of NetSafe, added: "We are excited about our next chapter as part of the Nuvias Group.

"By leveraging Nuvias' scale and resources we can deliver added value to our partners and customers. This is a great recognition of our success and opens a new chapter to further development, with a wealth of new opportunities in an expanding market."

This move comes after Nuvias' unified communications arm recently bought value-added-distributor Alliance Technologies to grow in the DACH market. It also comes less than a year after Nuvias acquired UK emerging tech distributor Cloud Distribution.

It said the acquisition bolsters its services for remote working customers, building on its pre-existing partnerships with vendors such as Zoom. Poly, Yealink and Logitech to offer solutions for improved collaborative solutions as employees return to the office.