Ercom Raises €12M

Ercom announces one of Europe biggest fund raising in the IT industry in 2009

April 29, 2009

1 Min Read

PARIS -- Ercom announces one of Europe biggest fund raising in the IT industry in2009. As a leading telco manufacturer focusing on telecommunications security and network quality,Ercom raises capital to accelerate its internal, external and international development.In association with Capzanine, Ercom’s historical investor, three new investors, Alven, APlus andOTC, joined to reinforce the capital of the company. The capital increase goes up to 12 million euros.

Pierre Macquet, Ercom VP strategy, states: “In the current economic context, we are pleased towelcome our new shareholders to support Ercom very dynamic growth. We share common valuesbased on technical excellence and value creation.”

Ercom

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