NTT Communications Corporation (NTT Com), Arkadin International SAS (Arkadin) and AXA Private Equity jointly announced that they have entered into exclusive negotiations over NTT Com's acquisition of a majority stake in Arkadin, the world's third-largest collaboration service provider.

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The agreement will be implemented after the necessary notification and consultation with the relevant works council. The management of Arkadin will reinvest alongside NTT Com. The agreement remains subject to the authorization of the antitrust authorities.
 
Arkadin offers a wide range of conference-related solutions covering audio, web, video conferencing and unified communications services. It serves approximately 37,000 customers in 32 countries, including France, Germany, the UK, USA, Australia, China, Singapore and Japan. The company was launched in 2001 by CEO, Olivier de Puymorin.
 
Since AXA Private Equity's investment in 2012, Arkadin has experienced double digit revenue growth and has been able to reinforce its leading market position through a number of significant developments, including the acquisition of video conference specialist, Novasight.

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To date, NTT Com's customers have been seeking to lower their costs and streamline Toru Maruoka, Senior Vice President, Voice and Video, at NTT Com said: "With the acquisition of one of the fastest growing players in the industry, NTT reaffirms its ambition to develop services in the collaboration business for all of its partners and clients across the world. Arkadin's global seamless customer service and infrastructure will strengthen NTT Com's offering in both global conferencing services and total solutions, incorporating unified communications."
 
Olivier de Puymorin, CEO of Arkadin, commented: "I would like to thank François Jerphagnon, his team at AXA Private Equity, all the Private Equity funds and Friends & Family for their great support in helping to develop Arkadin since its inception. Now, Arkadin will enter a new development phase, with the support and industrial expertise of NTT Com, to continue to serve our clients and partners throughout the world."

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François Jerphagnon, Managing Director at AXA Private Equity, added: "Following our initial investment, we are proud to have worked together with Arkadin to support its ambitious growth strategy using our global network and operational expertise. Arkadin, under the strong management team led by Olivier de Puymorin, is a true role model for other French firms seeking international growth."

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