NextiraOne Europe Holdings BV today announced that a Purchase Agreement has been signed between its owner, Platinum Equity LLC, and ABN AMRO Capital France (AACF), to acquire the company. The terms of the purchase agreement have not been disclosed. NextiraOne, which generated revenues of more than 1 billion Euros in 2005, plans to further strengthen its operations across 16 countries as it targets growth in the rapidly developing IP communications market.
Headquartered in Paris, NextiraOne was created in 2002 from Alcatel’s enterprise distribution and services business.
AACF is a division of leading Dutch financial services company ABN AMRO Bank BV. It will work with the management team to grow revenues and profitability across Europe, enabling the company to build on its position as one of the foremost IP communications solutions companies in the market.