e& Enterprise Acquires GlassHouse for 60 Million Dollars

e& Enterprise Announces Acquisition of GlassHouse

e&’s digital transformation unit e& enterprise has announced the successful completion of the process to acquire 100% of the shares of Turkey’s leading managed cloud and SAP infrastructure services provider GlassHouse for 60 million US dollars. With this strategic acquisition, GlassHouse will join the subsidiaries of e& enterprise and continue to operate independently while maintaining its own brand identity.

e& enterprise CEO Salvador Anglada stated, “We continue to strengthen our value proposition by enhancing our capabilities, adding vertical expertise, and entering high-growth markets. In this context, we are very excited to incorporate GlassHouse into the e& ecosystem. With this acquisition, we have started our operations in Turkey as our 33rd operational market. Thus, we have taken another bold step in our journey to become a regional leader in end-to-end digital transformation.”

GlassHouse CEO Alp Bağrıaçı expressed, “I am very proud and happy that GlassHouse is part of this significant wave of investment that strengthens Turkey’s position as a strategic hub for technology and innovation. Thanks to GlassHouse’s brand value and technical expertise, along with e& enterprise’s vision, we have brought one of the largest international direct investments (FDI) of recent years to our country and our sector in the field of IT infrastructure services. This investment of 60 million dollars will not stop here, as it will grow further with an average of 10 million dollars per year in direct investment over the next 5 years. With this motivation, we will further expand our team to provide employment and make a significant technology transfer in the field of digital transformation. In this journey, where we will continue with our own brand identity, we will achieve significant service export power in our region with the most competent team in the industry. By leveraging the strong portfolio of e& enterprise, we will offer our customers brand new security solutions and alternative solutions that will accelerate their digital transformations.”

This investment not only strengthens the e& enterprise portfolio with GlassHouse’s SAP infrastructure service capabilities but also enhances its ability to provide comprehensive digital solutions in the financial services sector.