Vodafone to acquire cloud specialist Skaylink for €175m

Vodafone

Telecommunications firm Vodafone has entered into a binding agreement to acquire German cloud and digital transformation firm Skaylink for €175m, primarily from funds managed by Waterland.

Vodafone Group

30 October 2025 07:31:07

Source: Sharecast

Skaylink, which employs over 500 staff across Germany and Europe, specialises in cloud deployments, AI integration and cybersecurity services, with expertise across Microsoft and AWS environments.

Vodafone said on Thursday that the deal would strengthen its offering to business and public sector clients, supporting its strategy to expand in high-growth areas such as managed services, cloud and security.

The acquisition was expected to be completed by the end of March 2026, subject to regulatory approvals.

Reporting by Iain Gilbert at Sharecast.com

Exchange: London Stock Exchange
Sell:
0.00
Buy:
0.00
Change:
-42.81
(-0.44%)
Date:
Prices delayed by at least 15 minutes

Compare our accounts

If you're looking to grow your money over the longer term (5+ years), we have a range of investment choices to help.

IWeb is not responsible for the content and accuracy of the Markets News articles. We may not share the views of the author. Understand the risks, please remember the value of your investment can go down as well as up and you may not get back the full amount you invest. We don't provide advice so if you are in any doubt about buying and selling shares or making your own investment decisions we recommend you seek advice from a suitably qualified Financial Advisor. Past performance is not a guide to future performance.