AGC Networks to acquire Fujisoft in Middle East

AGC Networks Ltd, an Essar group company, is to acquire UAE-based Fujisoft and its associated companies to strengthen its presence and offerings in the Middle East and Africa (MEA) region.

Financial terms of the deal were not disclosed.

The acquisition would be made through its indirect subsidiary, Black Box Holdings Ltd Cayman Islands.

The acquisition of Fujisoft will substantially increase and strengthen AGC’s presence and offerings in the MEA region. This will also enhance the current solution portfolio of AGC and Black Box across cloud computing and virtualisation, cyber security, managed SoC & NoC, managed services, data centre and collaboration solutions.