NTT Com Managed Services, wholly owned subsidiary of NTT Communications, Completes 100% Acquisition of CAPSiDE

TOKYO, JAPAN — NTT Communications Corporation (NTT Com), the ICT solutions and international communications business within the NTT Group (TYO:9432), and CAPSiDE S.L. (CAPSiDE), a Spain-based major provider of comprehensive hyperscale cloud managed services, announced today that NTT Com Managed Services (NTT Com's subsidiary), headquartered in Barcelona, Spain, has completed its 100% acquisition of CAPSiDE.

Managed services are one of the most important strategic fields for NTT Com, a DX Enabler that helps customers to achieve digital transformations. NTT Com enhances the managed services' capability with CAPSiDE.

CAPSiDE specializes in integrated managed services, especially in Europe, for operations enabled with hyperscale cloud services such as Amazon Web Services, Microsoft Azure and Google Cloud Platform.

Through the acquisition, CAPSiDE, maintaining its independent operation, expands its service offering to all its current clients with value-added datacenter and global communications services for complex enterprise environments and corporate end-to-end ICT professional services, at a global scale, for global customers, with NTT Com Managed Services.

Damian Skendrovic, CEO of NTT Com Managed Services: "I am delighted to welcome the CAPSiDE team, their clients, and partners to the NTT family. CAPSiDE's capabilities are very complementary to NTT's portfolio and solidify our public cloud offerings which are increasingly high in demand."

Josep Ruano, CEO of CAPSiDE: "This is an exciting time for CAPSiDE, our clients, and partners. Joining NTT will give CAPSiDE the ability to leverage NTT's global presence and resources to accelerate worldwide adoption of our comprehensive hyperscale cloud managed services, highly-specialized cloud transformation consulting services and cloud enablement. Our goal is to continue to build "CAPSiDE, an NTT Company" into the best hyperscale cloud managed services company in the industry."

Overview of CAPSiDE