ScanSource Inc. (SCSC) said that it has agreed to purchase substantially all the assets of Algol Europe, a value-added distributor specializing in convergence and communications solutions.
Algol, headquartered in Cologne, Germany, will begin operating as ScanSource Communications GMBH, and will join ScanSource Communications UK as part of ScanSource Communications Europe.
The managing director of Algol, Marianne Nickenig, will remain with the new company and will report to Xavier Cartiaux, President of ScanSource Europe.
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