IO21 specializes in comprehensive Technological and Software Solutions
EuroTech ME, a leader in IT services, AV, and security solutions in the region, has announced the full acquisition and complete takeover of its sister company, IO21, known for its innovative software and technological services.
This strategic move is a clear demonstration of EuroTech ME’s commitment to expanding and enhancing its comprehensive range of solutions, the company said in a press communique.
“We are extremely proud to announce this acquisition; it marks a significant milestone for us and underlines our dedication to the region,” affirmed Michael Andersen, Founder & CEO, EuroTech ME.
“Integrating IO21’s expertise into the EuroTech ME portfolio not only broadens our service offerings but also strengthens our position as a leading provider of innovative technology solutions. It’s a testament to our commitment to investing in high-quality tools and services, and to supporting the growth of the technology sector in the region,” he continued.
New growth era
“I’m absolutely thrilled about our acquisition by EuroTech ME. This marks a new era of growth and endless possibilities for IO21’s innovative software solutions across the entire technology spectrum,” enthused Hailey Yoon, Former Co-Founder and CTO, IO21.
EuroTech ME has confirmed that 70% of IO21’s skilled staff will be staying on board following the acquisition. These talented individuals are poised to greatly bolster EuroTech’s operations.
They will be integrated into the technical and marketing departments and will play a crucial role in business development. A key focus of their contribution will be to fortify EuroTech’s IT support services, enhancing the company’s overall capabilities, the press statement concluded.
