Hot on the heels of Nuvias Group’s acquisition of Cloud Distribution, Exclusive Networks has announced that it is buying Ignition Technology, a UK and northern Europe specialist security VAD concentrated on early-stage disruptive security-as-a-service vendors. The acquisition gives Exclusive Networks an operation focused on accelerating the progression of younger, disruptive technology companies as they emerge from late-stage start-up mode and look to break out into the global market.
Exclusive Networks will continue to focus on established and scale-out vendors, while developing the Ignition brand globally as a springboard for new vendors and technologies.
Jesper Trolle, CEO at Exclusive Networks, said: “Vendors have different needs and expectations depending on where they are in their growth journey. With Ignition we are enhancing our value for emerging vendors, creating a focused, defined and dedicated proposition. By creating a separate entity, we can provide a global launchpad for these emerging start-ups whilst maintaining our key focus on the specific needs of our core established and scale-out vendors.”
Ignition currently operates in seven countries across Benelux, the Nordics and the UK. Over the coming months, Exclusive Networks aims to expand the Ignition offer globally.
Trolle added: “We believe this is a powerful move to enhance our specialist proposition globally – something that no-one has ever achieved. It will increase our relevance, both with the new generation of vendors and the thousands of partners globally that rely on us to act as their virtual CTO and triage for new tech innovations. It also reflects our view that innovation is not only a technical or technology play but a business model disruption, a disruption in customer engagement and experience. Global expansion is a key part of our own omnichannel proposition, which makes us relevant to all sectors of this market across supply and demand-side standpoints.”