Swissphone Acquires instaSOLUTION, Makes Management Change
Wednesday, July 14, 2021 | Comments

Swissphone will acquire instaSOLUTION, an operator of cloud-based event management platforms, on July 15.

The entire instaSOLUTION team, as well as the responsible software developers of its previous sister company soXes will move to Swissphone.

"We are extremely pleased about this reinforcement of the Swissphone Group with the team which includes, Christian Hasenfratz, Stefan Schmid and Patrick Büchler,” said Philipp Schülin, chairman of Swissphone’s board of directors. “instaSOLUTION fits perfectly into our mission to provide highly available alerting and communications solutions via stand-alone networks as well as cloud-based solutions. The competences as well as the customers and partners of the two companies complement each other in an ideal way to create added value for existing and new stakeholders."

Additionally, Pascal Jaggi will take over the overall management of Swissphone as of August 1. He replaces Angelo Saccoccia, who is stepping down after six years as CEO.

“Angelo Saccoccia led Swissphone quickly and very successfully back on the path to success from 2015,” said Schülin. “In 2019, he found a succession plan for the founders by selling the group to Rigeto Unternehmerkapital and the members of the executive board. Swissphone also coped very well with the COVID pandemic under his leadership. He hands over the company with its subsidiaries in excellent condition. We regret his departure and thank him sincerely for his commitment. At the same time, we warmly welcome Pascal Jaggi as our new group CEO and look forward to the accents he will set thanks to his sound and long-standing experience in the telecommunications industry.”

Jaggi has held various management positions at Swisscom since 2011, most recently as executive vice president (VP), operations and engineering. He brings with him qualifications as a leader in information communications technology (ICT), and digital and agile transformation.

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