Spanish technology and services group Dominion has announced that the integration of Verne, a data center and cloud services company, strengthens its telecommunications capabilities in Spain and Morocco. The move aligns with Dominion's strategy to focus on more recurring and stable revenue streams.
According to a company statement, the acquisition of Verne, which was completed in 2024, adds data center infrastructure and managed services to Dominion's portfolio. This allows the group to offer end-to-end telecom solutions, particularly in the Moroccan market where it has a growing presence.
Dominion has been active in Morocco for several years, providing services to telecom operators and enterprises. The integration of Verne is expected to enhance its ability to support digital transformation projects in the region.
The company did not disclose specific financial details of the integration's impact. However, analysts note that the move is part of a broader trend of Spanish firms expanding their digital infrastructure footprint in North Africa.