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Odine Acquires 53% Stake in Logate for Global Expansion


Odine Acquires 53% Stake in Logate for Global Expansion
  • by: Source Logo
  • |
  • July 11, 2025

Odine, a global technology partner specializing in sustainable network transformation, announced on July 10, 2025, the acquisition of a 53.03% stake in Montenegro-based Logate D.O.O. This strategic move strengthens Odine’s portfolio in 5G infrastructure, fintech, and enterprise solutions, positioning it for accelerated growth and innovation across Europe and beyond. Posts on X reflect positive sentiment, emphasizing the deal’s potential to bolster Odine’s presence in the Balkans and advance next-generation connectivity.

Quick Intel

  • Odine acquires 53.03% of Logate D.O.O., a Montenegro-based tech firm.

  • Enhances capabilities in 5G, banking systems, and enterprise IT solutions.

  • Includes indirect ownership of Logate’s education and marketing subsidiaries.

  • Supports Odine’s R&D and expansion in fintech and public services.

  • Logate’s expertise to drive Odine’s 6G and next-gen technology efforts.

  • Announced July 10, 2025, aligning with Odine’s global growth strategy.

Strategic Synergy for Global Reach

Founded in 2006, Logate is renowned for its expertise in 5G infrastructure, banking systems, and enterprise solutions, with a strong engineering team and a software-first approach. The acquisition integrates Logate’s innovative portfolio with Odine’s global network, cloud-native infrastructure, and 170+ carrier customers across 36 countries. “This partnership with Logate is a major milestone in Odine’s global growth journey,” said Alper Tunga Burak, Chairman and CEO of Odine. “Their technical know-how and regional experience, combined with our operational infrastructure, will create a powerful synergy.”

Expanding Capabilities and Market Access

The deal enhances Odine’s technical capacity and market presence in high-growth verticals like fintech, public services, and enterprise IT. Logate’s core network software expertise will support Odine’s long-term focus on next-generation technologies, including 6G, aligning with its AI-powered orchestration and virtualization initiatives. Odine also gains indirect ownership of Logate Institut Za Informacione Tehnologije, a software education subsidiary, and a 70% stake in Logate GMBH, a Vienna-based marketing firm, boosting talent development and European operations.

Industry Context and Impact

Odine, headquartered in Istanbul with $17.3 million in revenue as of 2024, has a track record of innovation, recently recognized in Capacity Media’s 20 Top Telco Vendors Power List for two consecutive years. The acquisition follows Odine’s establishment of OdineLabs Inc. in the U.S. and partnerships with Turkcell and Rakuten Symphony, reinforcing its leadership in 5G and cloud transformation. The global 5G infrastructure market, projected to grow from $13 billion in 2024 to $153 billion by 2032, underscores the strategic importance of this move. Logate’s regional expertise strengthens Odine’s foothold in Europe, where 80% of businesses prioritize digital transformation.

Driving Future Innovation

By combining Logate’s engineering capabilities with Odine’s vendor-agnostic, AI-driven solutions, the acquisition positions Odine to deliver high-value, future-ready technologies. The deal supports Odine’s post-IPO growth strategy, with proceeds from its 2024 Borsa Istanbul listing fueling R&D and international expansion. This move enhances Odine’s ability to meet evolving demands in telecommunications, fintech, and public infrastructure, solidifying its role as a global leader in sustainable network transformation.

 

About Odine

Odine is a global partner empowering sustainable network transformation, delivering AI-powered network solutions, cloud infrastructures, virtualization technologies, and end-to-end systems integration services. As a leading company, combining strategic consultancy expertise with integrated solution delivery and an AI-driven product portfolio, Odine enables organizations to gain flexibility, agility, and long-term value through scalable architectures. Odine adopts a vendor-agnostic approach and brings extensive expertise in next-generation technologies, including Tier 1 software-defined networks, 5G/6G, artificial intelligence, cloudification, and AI-powered orchestration and actively engages in research and development efforts to advance these fields. Fully committed to its partners' success, Odine works collaboratively to ensure its clients are equipped with the tools and expertise needed to thrive in a rapidly evolving technological landscape.

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