Tuesday, 21 August 2018
BREAKING NEWS

Why Dimension Data and NTT are merging

Why Dimension Data and NTT are merging
08 Aug
12:25
Jun Sawada (NTT Inc)

Jun Sawada (NTT Inc)

Credit: NTT Inc

News that Dimension Data, NTT Communications, NTT Data, NTT Security and NTTi3 will merge to create a heavyweight technology provider has sent shockwaves across the channel.

While not exactly surprising in theory – following months of industry chatter – the combined entity will weigh in as a multibillion-dollar business, bringing together three mammoth organisations in the process, housing over 163,000 employees.

Following widespread media speculation, the merger was officially confirmed by parent companies Nippon Telegraph and Telephone Corporation, via an official media statement.

“The global market is changing fast,” a company statement read. “We’ve seen rapid progress in technology innovation; disruption caused by new business models, and the aggressive expansion of innovative competitors.

“These factors have led to clients’ increasing demand for digital transformation. We believe it’s an opportunity for us to create new value and increase our presence in the global market.”

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