Ekco acquires Waterford's Radius Technologies
![Ekco acquires Waterford's Radius Technologies Ekco acquires Waterford's Radius Technologies](/cms_media/module_img/7649/3824674_2_articlesmall_Ekco-acquires-Radius-Technologies-1-1024x684.jpg)
Radius Technologies CEO Jerry Buckley, and director John Gleeson, with Ekco's CEO Ireland Steve MacNicholas and director Cian Prendergast. Picture: Ekco
Waterford-headquartered IT company Radius Technologies has been acquired by Dublin firm Ekco.
Ekco is one of Europe’s fastest-growing managed cloud and security services providers while Radius specialises in end-to-end IT services for small to medium-sized businesses [SMBs].
This is the third acquisition by Ekco in 18 months that specialises in servicing the IT needs of organisations with up to 250 employees.
Last year, it completed the acquisitions of Unity, IT Force, and Ortus. This is a market with growing demands in the IT service space, with up to 67% of Irish SMBs expected to increase their IT budgets in 2024.
The Radius acquisition brings the total number of staff at Ekco to more than 650, of whom over 400 are based in Ireland. Ekco has made a series of recent acquisitions in Ireland in the cybersecurity space to complement its cloud strategy, acquiring Ward Solutions in 2021 and Kontex and Caveo Systems in 2022.
Steve MacNicholas, CEO, Ireland at Ekco, said: “We’re delighted to add a strong business like Radius Technology to the group. We see a great fit between their people, their services and their customer base and the existing operations we have in the Irish market.”
“For the Radius customer base we can introduce our extensive cyber security services through our 24/7 manned Security Operations Centre in Citywest Dublin.
“We are very excited that Radius is now a part of Ekco’s growth ambitions as a leading MSP.”
Radius Technologies CEO, Jerry Buckley, said joining Ekco makes perfect sense for Radius.
“Their ambition and vision for the future is something we are 100% aligned to and want to be a part of.
”Their approach to excellent customer service and delivering secure and reliable managed services is perfectly in tune with what we do, so it's great news for our team, our clients, and the senior management team at Radius.”