Dublin-based IT services firm EMIT has acquired the manage services business and customer base of local rival Softech for an undisclosed sum.
This acquisition boosts EMIT's customer base to over 3,500 end users across enterprise, SMB and public sector organisations.
The deal is expected to add a further €2m in revenue over the next three years.
EMIT founder and MD Eamon Moore said: "We have been looking closely at several acquisition opportunities for some time and believe that Softech is the perfect fit, particularly with its pedigree in delivering IT services and solutions.
"EMIT has very ambitious business development goals and will actively seek further growth, both organically and through further acquisitions."
EMIT is a Dell and Microsoft partner and last year won Microsoft's Global Small and Mid-market Cloud Solutions Partner of the Year award, as well as Microsoft Ireland SMB Cloud Partner of the Year.
The company began its commercial life in 2003 and provides customers with IT solutions and managed IT as a Service in four main business areas - cloud computing, business productivity, IT security and infrastructure.
Softech has been operating in Dublin since 1978 and provides, in the main, IT products and services to Irish business and educational organisations. The company also diversified into managed services, document management and the development of business process applications.