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Posted on 211 Presidio, Inc., a leading North American IT solutions provider, today announced the completion of its acquisition of Arkphire, headquartered in Dublin, Ireland. Arkphire is a leading IT product procurement and IT services company serving customers internationally across more than 90 countries. The combined capabilities from Presidio and Arkphire create a new global IT solutions business with an ability to serve customers in all major markets. Commenting on the acquisition, Presidio CEO Bob Cagnazzi said: “We are ver...

Updated / Tuesday, 15 Dec 2020 10:00 Arkphire's CEO Paschal Naylor and chairman Paul Nannetti The deal to buy Irish IT consulting and managed-services firm Arkphire by US company Presidio has been cleared by the Competition and Consumer Protection Commission. Details of the the amount being paid were not disclosed by either side, but according to ratings agency Moodys, the all cash deal is worth in the region of $142m.  The takeover, announced last month, marked another major milestone for the Irish technology services company.   Founded in 1979, Arkphire is now a €160m business with mor...