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interTouch completes acquisition of MagiNet

interTouch, the wholly owned subsidiary of NTT DoCoMo, announced the successful completion of its acquisition of MagiNet, a leading integrated technology solution provider to hotels. The acquisition will expand interTouch’s reach to 1,000 hotels in 56 countries.
interTouch’s acquisition of MagiNet is part of the company’s ongoing strategy to expand its global business and achieve its vision to become the world’s premier provider of managed technology network services to the global hospitality industry.
Charles Reed, CEO of interTouch Group of Companies said, “This strategic acquisition marks another important milestone in interTouch’s global and regional growth plans. The amalgamation of two complementary organisations will provide us with the synergies, scale and product expertise to implement a broad suite of innovative integrated solutions in hotels. Our customers can expect nothing short of the most advanced technology solutions complemented by interTouch’s renowned network monitoring and customer support.”
“With 100 percent ownership of MagiNet, we will have even greater access to resources and talent to develop innovative technologies that will support the needs of hotels today and in the future. We are committed to continue interTouch’s growth and expand our customer base in Asia Pacific and around the world,” said Reed.
Vicky Karantzavelou
Co-Founder & Chief Editor - TravelDailyNews Media Network

Vicky is the co-founder of TravelDailyNews Media Network where she is the Editor-in Chief. She is also responsible for the daily operation and the financial policy. She holds a Bachelor's degree in Tourism Business Administration from the Technical University of Athens and a Master in Business Administration (MBA) from the University of Wales. She has many years of both academic and industrial experience within the travel industry. She has written/edited numerous articles in various tourism magazines.