arrow

Hold and drag

Loading

arrow

Business transfers

2020

ICOW SYSTEMS, 100% 4G Internet service provider, is hosted by Magic Online.

Customers and counterparties

ICOW, the ISP specialized in dual-operator 4G solutions, is getting closer to Magic Online, which is taking a majority stake alongside the founders who remain at the helm of the company.

The Lyon telecoms operator ICOW, a specialist in very high-speed internet access by 4G (soon 5G), guarantees an availability rate of 99.99% to its customers. ICOW provides bundled offers with a box, a remote fleet management platform, and associated level 3 support services. Its offers are adapted to the needs of customers ranging from the main permanent connection to the back-up solution. up. ICOW was able to convince a large panel of very diverse SMEs and large accounts present in the industry, retail, hotels, transport, events, etc.

With a turnover of € 12 million, the Magic Online group is a Telecom operator, host, and ISP dedicated to businesses. It notably owns the “Magic Online” platform, a pioneer in the hosting sector, and successively acquired Euroweb in 2011, Netissime in 2016, Nuxit in 2017, PHP NET in 2018, and WP Server in March 2020, independent providers on the French market.

This transaction will enable ICOW to benefit from significant synergies with Magic Online. Also, the ICOW avant-garde technology will allow the Magic Online group to offer a more innovative and competitive ISP 4G offer, as well as THE 4D brick of any SD-WAN strategy combining multiple technologies.

"We were in negotiations with two companies before the Covid-19 crisis, and we did not want to postpone these operations during the confinement period. The recession announced, forces us to strengthen our markets. Besides, like all my colleagues, I believe that the need for resilience of companies, in particular concerning their IT infrastructures, will not suffer any postponement or budget limitations for CIOs, " said Philippe Barouk, the founder of Magic. Online.

Associate members