Arekibo Communications acquires X Communications
Sep 04, 2013 (MarketLine Financial Deals Tracker via COMTEX) --
Arekibo Communications, a digital communications company, has acquired X Communications, a digital media agency. Both the companies are based in Ireland.
Deal Type Acquisition
Sub-Category Majority Acquisition
Deal Status Completed: 2013-09-03
Target (Company) X Communications
Acquirer (Company) Arekibo Communications
The acquisition is part of Arekibo's long-term expansion plans as it looks to grow its Irish business and prepares to launch into the UK market in 2014.
The acquisition strengthens Arekibo's position and also enhances its overall expertise. In addition, it enables Arekibo to continue to grow it business in terms of client offering and customer base.
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