Dundalk Digiweb acquire telecoms firm Ripplecom

The Digiweb Group have announced the acquisition of fellow Irish telecoms and security company Ripplecom.

Digiweb operates from Dundalk and has long been established and recognized since it’s foundation in 1997.

Ripplecom are described as the ‘connectivity powerhouse service’ behind well-known companies such as Glanbia, Barry Group, Regeneron and the Department of Education.

Paul Rellis CEO Digiweb & Viatel announced the merger, saying: ‘I am delighted to welcome the Ripplecom customers and team to the Viatel and Digiweb families. Together we can build something special. We have been very impressed by the capabilities of the Ripplecom team and we are convinced we will have a bright future together. Together I feel we can build a new and even stronger team with the right capabilities and continue to support business and consumer needs for superb customer service, great technology and disruptive solutions.’ said ‘On the back of this acquisition, we will see more consolidation happening in the telecoms and technology market in Ireland and beyond.’

Commenting on the announcement John McDonnell, Managing Director of Ripplecom, commented that “Joining forces with Digiweb & Viatel means our customers can access a broad new range of cloud solutions and enjoy 100% connectivity coverage across Ireland and beyond. Our two organisations share complementary core competencies that, combined, form a formidable cloud communications partner. I believe this is a very welcome development for both companies and the wider business community.’

The financial terms of the deal are not being disclosed. In 2021, with the acquisition of Ripplecom, the Group is forecasting revenues north of €38m next year, with a combined 3,500 business customers and 28,000 residential customers.