Swissphone expands its range of services in the field of "Critical Event Management" through the acquisition of instaSOLUTION AG, Pascal Jaggi becomes new CEO
Swissphone Wireless AG acquires the Swiss company instaSOLUTION AG. At the same time, long-time CEO Angelo Saccoccia hands over the group management to Pascal Jaggi.
As a market leader in the field of secure alerting, Swissphone Wireless AG ("Swissphone") operates various service platforms, in the areas of lone worker protection, threat solutions and critical messaging. In order to strengthen its market position, Swissphone will take over instaSOLUTION AG on 15 July 2021, which operates a modern, cloud-based platform in various areas of critical event management with many well-known customers from industry and administration. In the future, Swissphone will serve existing and new customers with a comprehensive, modern, and highly available alarm management solution. The entire instaSOLUTION AG team, as well as the responsible software developers of the previous sister company, soXes GmbH will move to Swissphone to continue the growth course there.
Philipp Schülin, Chairman of the Board of Directors of Swissphone: "We are extremely pleased about this reinforcement of the Swissphone Group with the team which includes, Christian Hasenfratz, Stefan Schmid and Patrick Büchler. instaSOLUTION AG fits perfectly into our mission to provide highly available alerting and communication solutions via stand-alone networks as well as cloud-based solutions. The competences as well as the customers and partners of the two companies complement each other in an ideal way to create added value for existing and new stakeholders."
At the same time, Pascal Jaggi will take over the overall management of the Swissphone Group as of 1 August 2021. He replaces Angelo Saccoccia, who is stepping down after six years as CEO.
Philipp Schülin: "Angelo Saccoccia led Swissphone quickly and very successfully back on the path to success from 2015. In 2019, he found a succession plan for the founders by selling the group to Rigeto Unternehmerkapital GmbH and the members of the executive board. Swissphone also coped very well with the Covid pandemic under his leadership. He hands over the company with its subsidiaries in excellent condition. We regret his departure and thank him sincerely for his commitment. At the same time, we warmly welcome Pascal Jaggi as our new Group CEO and look forward to the accents he will set thanks to his sound and long-standing experience in the telecommunications industry.” Pascal Jaggi has held various management positions at Swisscom AG since 2011, most recently as Executive VP Operations & Engineering. He brings with him the best qualifications as a leader in ICT, digital and agile transformation.