The comms software company is expanding from its established UK and Belgian operations with a new office in Bocholt.
Companies: Artilium
Artilium (AIM: ARTA) has announced today it is set to bring its operations to Europe's largest economy, Germany, opening an office in the city of Bocholt.
The communications software provider currently has offices in London and in Belgium, with partners also in the Netherlands.
The announcement said sales will be achieved "exclusively through IT resellers and systems integrators to business customers."
Shares in the Group jumped 8% this morning, continuing the stocks rally over the past 12 months.
It also announced Ron Miedema would take the reigns as MD for Artilium GmbH.
Artilium's full portfolio of services, which includes managed cloud services, integrated fixed and mobile communications, Skype for Business, as well as SIP trunking, will all be available to its German clients.
Commenting on the expansion into Germany, Artilium CEO Bart Weijermars said:
"The opening of the German office will enable us to execute our strategy of international expansion notably, in the high-growth European markets. We are extremely excited about expanding into the German market. Our extensive product portfolio is ideal for IT resellers and systems integrators and we are confident we are able to capitalise on the significant opportunities that are available to us."
Artilium's share price has risen 33% in the past 12 months, with expansion into Germany holding the potential to help continue the stock's upward trend.
