renewtech

Renewtech is a global provider specializing in refurbished and end-of-life hardware solutions for data center maintenance and optimization. Founded in 1995, the company offers a comprehensive suite of services, including third-party hardware maintenance, repair and decommissioning, hardware refurbishment, shredding services, and cable and fiber optics services. By extending the lifecycle of IT assets, Renewtech promotes sustainability and cost efficiency for its clients.

The company's strategic focus lies in delivering cost-effective, high-quality solutions for data center operations. Renewtech specializes in servers, storage systems, and network equipment from major brands such as IBM, Lenovo, Dell, EMC, HP, NetApp, Hitachi, Cisco, and Supermicro. This specialization enables the company to cater to businesses with complex and demanding IT requirements, offering products and services that enhance operational efficiency and productivity.

In November 2023, Renewtech was acquired by Kimbrer Computer, a leading company in circular IT in Europe. This acquisition opens up new opportunities for Renewtech to tap into Kimbrer's market presence and customer base, potentially boosting sales and expanding business reach.

Renewtech's technological platform is distinguished by its focus on refurbished hardware and circular IT solutions, aligning with the growing trend towards sustainability in technology. The company's extensive portfolio includes products, solutions, and services from major hardware brands, providing clients with a diverse range of options to meet their specific needs.

The leadership team at Renewtech includes Co-Chief Executive Officer Bjarne Aarup and CEO Roger Norden. Their combined expertise and strategic vision have been instrumental in driving the company's growth and success in the competitive IT hardware market.

The acquisition by Kimbrer Computer in November 2023 marked a significant change in Renewtech's leadership structure, integrating the company's operations with Kimbrer's strategic objectives and expanding its market reach.

Renewtech operates in the computer hardware manufacturing industry, which is characterized by rapid technological advancements and a growing emphasis on sustainability. The market for refurbished and end-of-life hardware is expanding as businesses seek cost-effective and environmentally friendly solutions for their IT infrastructure.

Key competitors in the refurbished IT hardware market include companies such as Alta Technologies, Tonitrus, and Inside Systems. These companies offer similar products and services, focusing on providing cost-effective and reliable IT solutions to businesses worldwide.

The acquisition by Kimbrer Computer represents a significant strategic collaboration, enhancing Renewtech's market position and innovation capacity. This partnership enables Renewtech to leverage Kimbrer's extensive resources and customer base, facilitating expansion into new markets and the development of innovative solutions.

Renewtech's strategic opportunities include expanding its global reach, developing new product offerings, and enhancing its technological capabilities. The company's focus on sustainability and cost-effective solutions positions it well to meet the evolving needs of businesses seeking to optimize their IT infrastructure.

For more information, visit Renewtech's official website at renewtech.com.