March Networks Acquires DoIT, First Deal Since Delta Acquisition
At the end of last year, March Networks was acquired by Taiwan's Delta Electronics. Now, March has made its own first acquisition, acquiring Poland's DoIT.
Why did March do this and where is March now nearly a year after the acquisition?
We spoke with the CEO and Chief Sales and Marketing Officer at March Networks and examine this inside.
March ******** ***** *********** ********
***** **** **** *** *********** ** an $**+ ******* ****** ******* *** allowed **** ** ** **** ********** going ** ****** *** ********** "********* on *** **** **** ** *** business, ********** *** ****** ********** *****", though ****** ** *** *** **** a "*********** ******" ** ***-**** ******* in ****.
** ******** ** *** **** ******** is ** ***** **** ** ************ and ********* **** *********** ********. ******** is * **** ********* ** *** sales *** ******* *******. *** **********, if *** **** ** ***** *** R&D ***** **, **** **** *********** is, **'* *** ****** ****** ************ and **** *********.
**** ********** **** ***** ***** ** banking, ******, *** ************** *** ********. While ***** *** * ****** ***** on ********** *** ******** ********** *********, March **** **** ****** ** ***** areas *** **** **** ** ****.
***** ************ ***** *** **** ********* an ***/*** *********** *******, **** ******** camera ***** **** ***** ** ******-***** rates ***** *** ***********, ****** ***** only ** - **% ** ***** revenue.
DoIT ********
****** * ******-***** ******** *********, **** 15 ********* ** ***********. **** ***** a *** ***** ********** *** **** analysis *******, ***** ** ******* ** look *** ********* *** ************ *** create ***** ****** ******* *** ******** operations *** *********.
***** **** **** ****'* ******* *** not **** ******** ************, ****** **** they **** ********** ***** ******** **** DoIT. *** *** **** ** ********** through * ******** *** ********* **** runs ** *** **-******* ***** *** or ** ********* ******** **** * cloud-based *** *******.
March ************* ****
***** **** **** *** ******** * commercial ****** ** ** ****, **** a ***** ** ****** *********. ***** they **** *** ********* *******, **** said *** ******* ***** *** **** type ** ******* ** ********* *********** in *** ******, *** ** **** be ****** ************* ** *** ***** of $***-$*** *** *****, **** * 3-5 **** ********.
** ******, *** ********** ** *** DoIT ******* **** ** ******** **** March, *** *** **** *** ****** from **** **** ** ********** **** a ****** **** ** ***** *** March *********.
**** **** **** ** **** ** March's ******* ********* **** ** ******-******* business, ** ** ***** ** *** well, *** **** **** ** ****** any ****** ********* ********** **** **** critical ********** ************ (*.*. ********, ***************).
Expanding ****** ***********
***** **** **** **** **** ** double ***** ******-***** *********** **** **** the **** ****, *********** **** ** is "********** *********" ** **** * large ****** *&* **** ** *** US ** **** ****** ** ******* their *** ******* *******. **** *** an ******** ****-**-****** **** *** ******* March ***** *** ********* **** ******* of ******** * ****** ********.
2023 *****
***** **** **** **** ***** **** of **** ******** **** ***** ********* and ********, *** ****** ** *** "real *******" ********* *** ***** ******** in ****.
****, ***** ********* *********** **** *******, they **** **** *** ******** ** have *******-********, *****-******* ******* ** ****, and **** *** ************* *******'* ***** analytics ********* *** *********** **** ***** VMS *** ***** ********** ************.
******, **** ******** **** **** *** "taking * **** **** ** ******* Vortex" *****, ****** ****** **** * small ******* ** ***** ******* ** from ******** *************, *** * ******** of ******* ** ***** ******* ******* hardware *** ********* ******** ********.
*******, **** **** **** **** ***** management ** ***** ******** ** *** cloud, ********* ***** ******** *******, *** based ** ***** ******** ************, ************* more ************ ** *** ***** *** SaaS ***** ** ******* * ***** part ** ***** *****.