Vodafone acquires German IT company Skaylink for $204M to strengthen its cloud services

British telecom giant Vodafone has announced the acquisition of German company Skaylink, which specializes in cloud technologies and digital business transformation, Reuters reports.

The deal is worth €175 million (approximately $204 million). The seller is investment company Waterland Private Equity.

Skaylink, which has over 500 employees in Germany and other European countries, manages cloud solutions on Microsoft Azure and Amazon Web Services platforms and develops AI solutions for corporate clients.

The deal is expected to be completed by the end of March 2026, after receiving the necessary regulatory approvals.

As a reminder, Vodafone Group and Vodafone Ukraine are starting construction of a large-scale submarine cable system called Kardesa.

The backbone cable will connect Ukraine, Bulgaria, Turkey, and Georgia, creating a new digital corridor that will unite Europe and Asia, while completely bypassing russia.

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