Calligo, a global cloud solution provider, has purchased AMS Systems PSF, a Luxembourg based IT services business that provides managed services and cloud infrastructure to the financial sector.

Financial terms were not disclosed but the acquisition means big things for Calligo. Not only does it allow further expansion, but also access to AMS Systems’ technology services and clients, paving the way for the Luxembourg market on top of Calligo’s growing client base from its current locations in the UK, Jersey, Guernsey, Switzerland, Singapore and Bermuda.

It’s all rather exciting for Calligo and it doesn’t appear that it will end there, as Calligo CEO Julian Box says: “With the backing of our investor Investcorp Technology Partners, we are actively looking to execute further strategic add-on acquisitions over the coming months as we continue to expand our global footprint.”

AMS Systems PSF will be integrated into Calligo and rebranded. No jobs will be at risk, as the company says it will continue to operate as normal and will remain in Luxembourg. Over the next few months Calligo’s services will be expanded – including being the first to offer Azure Stack in Luxembourg.