Westcon to acquire Netpoleon business

Global ICT services distributor Datatec subsidiary, Westcon has agreed to acquire the business of Indonesian distributor of IT security, networking and convergence service Netpoleon. Prior to the acquisition, Netpoleon operated as a franchisee of Westcon Group in Singapore. The consideration is not disclosed and will be settled with USD 1 million worth of Datatec shares and the remainder in cash. It will enable Westcon to address its vendors' regional requirements and the needs of its multi-national customers more fully. Netpoleon additionally provides customers with a array of services, ranging from managed services and maintenance, to implementation and training services. Netpoleon achieved unaudited revenues of USD 11 million for the year ended 31 December 2011.