Vodafone is set to acquire German cloud services company Skaylink from Waterland for €175 million, enhancing its enterprise technology capabilities.
Target Company Overview
Vodafone has reached an agreement to acquire Skaylink, a German cloud services and digital transformation company, from private equity firm Waterland for €175 million ($204 million). Headquartered in Munich, Skaylink employs over 500 professionals across Germany and Europe, specializing in managing cloud infrastructure and providing AI-driven solutions for businesses utilizing Microsoft Azure and Amazon Web Services.
This acquisition will enhance Vodafone's enterprise technology capabilities in Europe, aligning with its strategy to broaden its offerings beyond traditional telecom services and expand its cloud and managed services business tailored for corporate clients.
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Industry Overview in Germany
The German cloud services market is experiencing rapid growth, driven by increasing demand for digital transformation among businesses. Companies across various
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Vodafone
invested in
Skaylink
in 2026
in a Merger deal
Disclosed details
Transaction Size: $204M