Iver is acquiring the Swedish cloud provider City Network. With the acquisition a new European cloud alternative for Swedish and international enterprises will be created, with a need for a comprehensive, secure, and technical global base for their digital innovation. Iver and City Network are currently working with customers who are based in the Nordics, but who also have a presence in other markets worldwide.
Local and global presence
The combination of a local and global presence is a key factor in the combined offering. City Network will continue to exist as an independent brand and business area within Iver managed by Johan Christenson. Carl-Magnus Månsson, CEO at Iver said,
“The acquisition is strategically important for Iver and further reinforces our position as a local business, close to our customers, and with a unique offering. We are now able to provide a completely new type of service, where City Network is adding an industry-leading, global cloud infrastructure to our existing portfolio of high security, and other IT services. We will now continue to develop these services to accelerate our customers’ digital transformation.”