Swisscom has acquired MTF Group's companies in Switzerland and Liechtenstein to enhance its IT service offerings for SMEs and strengthen its market position in the digital transformation landscape.
Overview of the Target
Swisscom, a leading telecommunications provider, recently announced the acquisition of MTF Group's companies operating in the German-speaking regions of Switzerland and the Principality of Liechtenstein. MTF Group is a well-established provider of IT services, specifically tailored for small and medium-sized enterprises (SMEs). This acquisition is part of Swisscom's strategy to enhance its IT service offerings and meet the growing needs of SMEs in a rapidly changing digital landscape.
Through this merger, Swisscom aims to expand its capabilities to support businesses with unique IT requirements during their digital transformation journeys. By incorporating MTF Group's expertise and solutions, Swisscom will be better positioned to deliver personalized IT support and foster digital advancement for its SME clients.
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Industry Overview
The IT services market in Switzerland is flourishing, driven by an increasing demand for digitization among SMEs. As businesses continue to embrace digital transformation, the need for comprehensive IT solu
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Swisscom
invested in
MTF Gruppe
in 2021
in a Merger deal