MultiPoint Group has opened a branch in Estonia to strengthen its
KEFAR SABA, Israel, November 24, 2021 (GLOBE NEWSWIRE) – The expansion of the Israeli-born VAD has been made possible thanks to the strategic investment made by Ingecom in Multipoint group on the basis of the acquisition of part of the business.
The distributor, founded and led by Ricardo Resnik, has decided to expand its business in the Northeastern Europe region in the fourth quarter of 2021, after sales growth of 75% in the first three quarters of the year. year compared to 2020 and an increase in business volume of 52% in the first nine months of this fiscal year.
MultiPoint Group, Value-added distributor (VAD) based in Kefar Saba (Israel) and expert in Cyber ââStrong Security, opens an office in Estonia with the aim of expanding its activity in the region of North-East Europe.
The distributor is established in the Estonian capital, Tallinn, with the aim of providing service at all levels – sales, support and marketing – to the Baltic States (Estonia, Latvia and Lithuania), in addition to three neighboring countries, such as Poland, Ukraine and Russia.
The new branch joins the existing network of activities of the MultiPoint Group, already present in the United Arab Emirates, Greece, Israel, Serbia, Cyprus, Malta and Romania.
The current expansion of MultiPoint Group is largely due to the strategic investment made by Ingecom, a value-added distributor specializing in cybersecurity and hyperintelligence solutions, in the Israeli distributor a month and a half ago with the ‘acquisition of part of the company, just after experiencing the good economic results of MultiPoint Group during the third quarter of the current year in which it recorded a sales growth of 75% compared to 2020, and by 52% in the first 9 months of 2021. Service coverage to a total of 16 countries.
Recall that Ingecom and MultiPoint Group have been collaborating strategically since January 2021 and that together they add a unique global distribution network that covers the Middle East, Southern Europe, the Balkans and now also Northern Europe. East, serving a total of 16 countries. This wide international coverage allows both MultiPoint Group and Ingecom to bring high added value to their customers, not only with a full range of cybersecurity solutions, but also with unique support activities in the world of distribution. , in addition to allowing software vendors partners of the two VADs to deploy a global distribution network.
Regarding the opening of the Tallinn office, Ricardo Resnik, CEO of MultiPoint Group, said:%. âResnik sees internalization as a natural process in response to the strong demand from organizations for advanced cybersecurity solutions to deal with increasingly complex and dangerous threats, such as system monitoring, system access control and sensitive data and ransomware protection.
For his part, Javier Modubar, CEO of Ingecom, declares: âWe are satisfied with the evolution of the MultiPoint Group in recent months, which has extended the agreements with our manufacturers to its portfolio while increasing the volume of business in its domain. While there is still a long way to go in this business integration, the first steps have been taken to make it a success and the resulting global organization to establish itself as a relevant VAD in the field of Cybersecurity in the EMEA region and a benchmark in disruptive technologies, as well as market-leading manufacturers in their technological fields.
Regarding the manufacturers that Ingecom distributes and who have now also extended their agreement with MultiPoint Group, it is worth highlighting SealPath, ExtraHop, Forescout and Bitdefender. Currently, VADs have a common portfolio of eleven solutions.
About the MultiPoint Group
MultiPoint Group is a leading distributor of Internet technologies and IT security solutions, providing channel partners in the Mediterranean region with reliable solutions backed by the world’s leading hardware and software manufacturers. The company was founded by Ricardo Resnik in 2009, as CEO and partner. MultiPoint Group works with more than twenty manufacturers, such as AT&T Security, BigFix, ExtraHop, Firemon, Forescout, Garland Technology, Invicti (Acunetix and Netsparker), Kela, Malwarebytes, Netwrix, Qualys, Progress Software, PRTG, ReSec, SealPath, TeamViewer, Tenable, Thycotic, Varonis, Vicarius, Yubico and Zimperium.
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