About Magnicom
Magnicom is a Technology company based in Dunwoody (United States) founded in 2019, and was acquired by UTG in February 2015. It operates as an IT service suite solutions are provided for business needs. Magnicom offers products and services including IT Support, IT Consulting, and Managed Services. Its focus areas include Business Services, IT Services and Suite. Its legal entity is Magnicom, Inc. Its competitors include UST, Breed Reply, NTT DATA, Globant and 1&1 IONOS and 5 more; 5 of its 10 listed competitors have raised funding.
Company details
Magnicom was established in 2019 in Dunwoody, United States, within the information technology sector. A range of IT service suite solutions is offered to support operational requirements for various clients. The companys domain, magnificom.net, facilitates access to these services. Focus is placed on delivering functional IT tools, with primary operations centered in the United States geography.
- Headquarters Dunwoody, United States
- Stage Acquired
- SectorsTechnology
- Website magnicom.net
- Acquired by UTG (Feb 2015)
- Legal Name Magnicom, Inc
- Investors
- Acquired byUTG
(Feb 2015)
Products & Services of Magnicom
Magnicom offers a comprehensive portfolio of products and services, including IT Support, IT Consulting, and Managed Services.
Delivers day-to-day IT assistance for business operations.
Provides advice on technology solutions and implementations.
Offers outsourced IT management for efficient operations.
Investors in Magnicom
Magnicom has secured backing from 1 investor. Prominent investors backing the company include Coretelligent.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
High-voltage power supplies are manufactured for analytical instrumentation. | 2004 | utgsolutions.com | Duluth, United States |
Investor details for Magnicom
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- Complete investor list
- Round participation
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Verified entity values are shown only after access is granted.
Timeline of Magnicom
2 dated milestones of Magnicom across 4 years, from founding to its latest funding, stage changes and deals.
- Exit Acquired by UTG.
- Founded Magnicom is founded.
Competitors of Magnicom
Magnicom has 10 listed competitors in our database, 5 of them funded. They include UST, Breed Reply, NTT DATA, Globant and 1&1 IONOS, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| ust.com.tw | 1998 | Taiwan | – | – | High-quality office furniture is provided by UST for various needs. | |
| reply.com | 1996 | Turin, Italy | $24.33M | – | AI, cloud, and blockchain services are provided globally. | |
| nttdata.com | 1967 | Koto, Japan | – | 4 | Application development, cloud, cybersecurity, and business intelligence services are provided. | |
| globant.com | 2003 | Buenos Aires, Argentina | $30M | 564 | IT and digital transformation services are delivered to various industries. | |
| ionos.com | 1988 | Chesterbrook, United States | – | 134 | Cloud infrastructure and hosting services are provided by 1&1 IONOS. | |
| accenture.com | 1989 | Dublin, Ireland | – | 29 | IT and management consultancy services are provided globally. | |
| epam.com | 1993 | Newtown Square, United States | $50M | – | Provider of software development, data analytics, and other IT suite services | |
| genpact.com | 1997 | New York, United States | – | 129,140 | Provider of end-to-end business process outsourcing services | |
| persistent.com | 1990 | Pune, India | $18.8M | 20,909 | IT consulting, data analytics, and digital transformation services are provided. | |
| mindtree.com | 1999 | Bengaluru, India | $23.9M | 33,802 | Outsourcing solutions in IT, engineering, and consulting are delivered. |
Detailed competitors of Magnicom
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- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Top companies in IT Services & Operations
10 companies that operate in the same segment as Magnicom (IT Services & Operations), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Cloud orchestration solutions are provided for multi-cloud and device applications. | 1998 | Palo Alto, California, United States | USD 595.83 M | USD 812.05 M | 8,861 | |
A cloud-based platform for incident management software is provided. | 2009 | San Francisco, California, United States | USD 173.6 M | USD 492.55 M | 4,473 | |
Unified IT management is delivered through a cloud-based platform. | 2004 | Santa Clara, California, United States | USD 83.7 M | USD 13.28 B | 26,290 | |
Cloud based platform offering IT operational data and security analytics software | 2003 | San Francisco, California, United States | USD 40 M | USD 2.59 M | 108 | |
Cloud-based enterprise management solutions including backup and recovery are provided. | 2003 | Singapore, Singapore | USD 658 M | – | 1,898 | |
Cloud and application performance management platform is provided. | 2010 | New York, New York, United States | USD 147.19 M | USD 2.68 B | 6,500 | |
Converged data management solutions are provided for backup and recovery. | 2014 | Palo Alto, California, United States | USD 553 M | USD 1.32 B | 5,196 | |
IT backup and recovery solutions are provided via cloud platform. | 2006 | Columbus, Ohio, United States | USD 1.04 B | – | 7,596 | |
IT outsourcing services are delivered across multiple business lines. | 2011 | Bengaluru, Karnataka, India | USD 64.83 M | USD 246.74 M | 5,260 | |
Analytics and digital solutions for healthcare and banking are provided. | 1999 | New York, New York, United States | USD 10 M | USD 2.09 B | 59,500 |
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Frequently Asked Questions about Magnicom
Magnicom was founded in 2019.
Magnicom is headquartered in Dunwoody, United States. It is registered at Dunwoody, Georgia, United States.
Magnicom was established in 2019 in Dunwoody, United States, within the information technology sector. A range of IT service suite solutions is offered to support operational requirements for various clients. The companys domain, magnificom.net, facilitates access to these services. Focus is placed on delivering functional IT tools, with primary operations centered in the United States geography.
Magnicom offers IT Support, IT Consulting, and Managed Services.
Magnicom has 1 investor. Key investors include Coretelligent.
Magnicom operates through Magnicom, Inc.
Yes. Magnicom was acquired by UTG in February 2015.