Claranet Portugal, a partner located in the Beato Innovation District, was acquired by NOS

On January 27th, NOS, a telecommunications operator, announced the closing of an agreement to acquire the technology company Claranet Portugal for €152 million.

Claranet has been present in the Portuguese market since 2005 and "has established itself as a leading company in technological services." In the fiscal year 2024, Claranet's total revenues amounted to €205 million, driven by the robust and continuous growth of its services business, with EBITDA [earnings before interest, taxes, depreciation, and amortization] reaching €15.4 million.

The acquisition of Claranet Portugal "will allow NOS to increasingly establish itself as the leading national company in the communications and information technology segments, expanding its capabilities in a rapidly growing sector and reinforcing its value proposition in business areas such as cloud, workplace, cybersecurity and data & AI, among others.".

Claranet Portugal has over 900 employees and "will continue to operate autonomously, preserving its identity, management, teams and solid customer base, factors that have driven its success over the last 10 years.".

The signing of this agreement "is subject to the non-opposition of the Competition Authority," NOS states.

Source: Expresso / Lusa News Agency