MUNICH, Germany and WOLLERAU, Switzerland, April 15, 2016 /PRNewswire/ --
F24 AG is consolidating its position among European market leaders in the field of high-security notification, alerting and crisis management solutions by acquiring Swiss company Dolphin Systems AG, specialists in alerting and messaging solutions.
F24 AG, one of Europe's leading providers of notification, alerting and crisis management services, today finalized its acquisition of Swiss company Dolphin Systems. The strategic merger will generate valuable synergy effects for both companies with respect to products and marketing. Dolphin Systems AG will retain its company status.
F24's customer roster currently spans over 600 prestigious companies throughout the world. The acquisition of Dolphin Systems AG will boost this customer base to around 850 key accounts. Both companies will benefit from enhanced market access in over 70 countries. The headcount at F24 Group will rise to approximately 80 worldwide, including employees of Dolphin Systems AG.
"We're delighted that Switzerland's premier provider of notification, alerting and messaging solutions is now part of the F24 Group," says Ralf Meister, CEO of F24. "We are particularly happy that the company's founders and shareholders are remaining on board. This will enable us to continue expanding our growth opportunities and consolidating the F24 Group's status and premium character in Europe."
F24 AG's acquisition of Dolphin Systems AG will grow the company's product portfolio and add new areas of specialization, specifically in messaging. By combining the strengths of both companies, the deal will generate dynamic sales growth and enhance scope for creating innovations.
"We are happy about the success of this transaction, which solves a number of key strategic points for our company," says Heinz Wehrli, co-owner and CFO of Dolphin Systems. "We have been working on succession planning for our company founders for some time. F24's acquisition of Dolphin Systems will now secure the long-term future of Dolphin Systems and its staff. Both companies are already major players in their respective markets, and now we can build our strength further by making the most of synergy effects in products, marketing and sales, and our customer base. Dolphin Systems has focused on the Swiss market to date. F24 now opens up the opportunity for us to access international markets."
About F24 Group:
F24 AG develops and operates high-security notification, alerting and crisis management solutions for emergency, crisis and business continuity management situations in medium- and large-size companies and public-sector organisations worldwide. If an emergency or incident occurs, customers can use the cloud-based FACT24 service throughout, from the start of the crisis to its successful management and follow-up.
Founded in Munich in 2000, F24 today provides support for over 600 companies and organizations around the world with the assistance of its four international subsidiaries in the UK, France, Spain and the Czech Republic and its network of sales partners. The Group is Europe's premier provider of software as a service (SaaS) in the field of notification, alerting and crisis management. Its clients come from almost all fields, spanning Energy and Industry, Health and Pharma, Transport and Logistics, Trade, Commerce, Banks and Insurance and IT and Communications, and including numerous public-sector organizations. F24 recently expanded its service portfolio further by founding the subsidiary TrustCase GmbH, a high-security mobile communication and collaboration platform.
About Dolphin Systems:
Founded in 1992, Dolphin Systems AG is based in Wollerau (SZ) and employs over 30 highly qualified staff with extensive experience in telecom and IT solution implementation, project management and software engineering.
The company develops and operates standardized and custom cloud solutions for professional communication, information, surveillance and alerting. In addition to its sikado™ portal, Dolphin Systems supplies eCall™ sms & fax-portal, Switzerland's leading online system for sending and receiving text, fax and pager messages, and the 963™ sms portal, an all-round solution for companies to operate their own text message services.
SOURCE F24 AG