• 3,000 firms
  • Independent
  • Trusted
Save up to 70% on staff

News » Ingecom acquired to expand Ignition Technology’s EMEA footprint

Ingecom acquired to expand Ignition Technology’s EMEA footprint

Ingecom acquired to expand Ignition Technology's EMEA footprint

BOULOGNE-BILLANCOURT, FRANCE — Exclusive Networks, a global cybersecurity leader listed on Euronext Paris, has announced an agreement to acquire Ingecom, a specialized Value Added Distributor (VAD) in cybersecurity and cyber intelligence. 

The transaction is expected to close before the end of the year, subject to customary conditions.

The acquisition aims to accelerate the expansion of Exclusive Networks’ subsidiary Ignition Technology. 

Exclusive Networks acquired Ignition in 2021 to accelerate new cybersecurity companies globally as they scale up. Ignition operates in Northern Europe and will now expand into Southern Europe, Middle East, and Africa. 

Founded in 1996, Bilbao-based Ingecom operates in Spain, Portugal, and Italy and has a network of over 500 partners. The company reported a revenue of €38 million in 2022, showing profitability. 

Operating in over 45 countries, Exclusive Networks generated EUR 3.40 billion (US$3.7 billion) in 2022.

With more than 50 highly skilled employees and an attractive vendor portfolio, Ingecom is set to bring strong complementary capabilities to Ignition Technology.

Under the terms of the agreement, Exclusive Networks will acquire 70% of Ingecom, with the remaining stake held by the current management team.

“While pursuing our activity, this collaboration will allow Ingecom solutions to benefit from Ignition’s and Exclusive Networks incontestable expertise and significantly increase our footprint to reach our aspiring growth plan,” said Ingecom CEO Javier Modubar.

Start your
journey today

  • Independent
  • Free
  • Transparent

About OA

Outsource Accelerator is the trusted source of independent information, advisory and expert implementation of Business Process Outsourcing (BPO)

The #1 outsourcing authority

Outsource Accelerator offers the world’s leading aggregator marketplace for outsourcing. It specifically provides the conduit between Philippines outsourcing suppliers and the businesses – clients – across the globe.

The Outsource Accelerator website has over 5,000 articles, 350+ podcast episodes, and a comprehensive directory with 900+ BPO companies… all designed to make it easier for clients to learn about – and engage with – outsourcing.

About Derek Gallimore

Derek Gallimore has been in business for 20 years, outsourcing for over eight years, and has been living in Manila (the heart of global outsourcing) since 2014. Derek is the founder and CEO of Outsource Accelerator, and is regarded as a leading expert on all things outsourcing.

“Excellent service for outsourcing advice and expertise for my business.”

Learn more
Banner Image
Get 3 Free Quotes Verified Outsourcing Suppliers
3,000 firms.Just 2 minutes to complete.
SAVE UP TO
70% ON STAFF COSTS
Learn more

Connect with over 3,000 outsourcing services providers.

Banner Image

Transform your business with skilled offshore talent.

  • 3,000 firms
  • Simple
  • Transparent
Banner Image