Vodafone to acquire Skaylink for $204 million to expand cloud services

Vodafone, a global telecom giant, has agreed to buy Skaylink, a German cloud and digital transformation company, for €175 million ($204.09 million). The deal strengthens Vodafone’s business unit as it deepens its presence in cloud, cybersecurity, and digital services across Europe.

Skaylink builds and manages cloud infrastructure for enterprises on Microsoft Azure and AWS. The company has more than 500 employees and operates across several European countries, including Germany, Denmark, and Romania. Before the deal, it was backed by Waterland Private Equity.

Marika Auramo, CEO of Vodafone Business, said the acquisition marks an important milestone in Vodafone’s growth strategy. “The agreement is an important milestone on our journey to accelerate growth by enhancing our capabilities in cloud, digital transformation and security,” she said.

She added that Vodafone and Skaylink share similar values around customer-centricity and innovation. “I’m confident that our shared set of values will strengthen our offering and deepen our market presence,” she said. “Crucially, it means customers will have access to technical and market expertise alongside professional support.”

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The acquisition aligns with Vodafone’s ongoing shift from a traditional telecom provider to a full-scale technology company. Cloud and digital transformation services are becoming central to that plan.

Vodafone expects to complete the transaction by March 2026, pending regulatory approval. If approved, Skaylink will become part of Vodafone Business, expanding its enterprise services footprint and positioning the group to compete more aggressively with European IT and cloud consultancies.