Dec 2 2014
Inaccess, the leading centralized site management provider and Egnatia telecoms, member of Egnatia Group, the international construction and infrastructure group, announce today that they have entered into a strategic cooperation agreement.
Under this agreement, Inaccess will acquire and incorporate Egnatia's Remote Monitoring Platform (RMP) within its centralized management solution portfolio, for the monitoring and remote operations of telecom operator facilities, with an emphasis to cell towers of mobile operators.
Egnatia's RMP is currently deployed in several thousand cell sites in SE Europe. According to the agreement, Inaccess will undertake the support of existing deployments which will gradually be integrated within the broader family of Inaccess' site management solutions.
Mr. Christos Georgopoulos, CEO Inaccess commented: "We are excited about this acquisition agreement, which expands the role of Inaccess as a monitoring expert in the telecom sector by further strengthening our platform to serve mobile operators while increasing our customer footprint especially in South Eastern Europe. Management of massive remote site infrastructure such as cell towers is currently a major priority for the global industry, from both operational and energy conservation perspective. Inaccess is committed to continuously providing operators with state-of-the-art technology for the management of such infrastructure, with the objective to maximize viability and effectiveness of their investments."
Mr. Nikos Papapetrou, CEO Egnatia Group stated: "In our aggressive expansion plan, this agreement further solidifies our commitment to infrastructure clients with best of breed solutions, partners and cooperations. With this transaction we feel confident that our existing RMP customers protect their investment and with the increased development and expansion of the solution will be able to extract further value from their assets."
About Inaccess
Founded in 2000, with a focus on telecom infrastructure and renewable energy management, Inaccess is specializing in monitoring and control systems. Inaccess designs and develops state-of-the-art products and solutions, which give its partners invaluable access to information, enabling them to maximize the viability and effectiveness of their investments through performance optimization and OPEX reduction.
The company's main activities are the design, development and implementation of remote monitoring and control solutions for electromechanical equipment of telecom operators and for photovoltaic plants, through its vendor independent system. In addition Inaccess offers customized solutions for more complex and demanding applications. Its main clients are from the renewable energy as well as the telecommunications and broadcasting sectors.
With headquarters in London, UK and presence in Europe, North America and Asia, Inaccess aims at becoming the leading global vendor of converged infrastructure monitoring platforms worldwide, by constantly being at the forefront of industry evolution through research and innovation.
About Egnatia Group
Incorporated in 1989, Egnatia is a construction Group that owns affiliates in 7 countries, features 3 industrial units and is characterized by a constant effort to diversify and innovate operationally and geographically.
With vast experience in telecoms, renewable, private construction projects, as well as manufacturing of high added-value industrial products Egnatia Group today operates in more than 35 countries worldwide, always targeting to provide high quality solutions in all of its activities.
The exceptional customers' portfolio, as well as the strong financials as of today prove that Egnatia is successfully reaching this target as Egnatia aims at constantly improving, in order to further expand.