Telstra eyes the UK as a key market to expand in to.
Telsta has acquired Company85 as part of its plans to boost its technology services business globally.
The acquisition of Company85, which provides data centre services to UK-based business and government customers, is said to be a good fit for Telstra as it is “strongly aligned” to Telstra’s existing suite of technology consultancy services it currently offers its Australian customers.
Christopher Smith, Telstra’s executive director of Business Technology Services, said: “Company85’s offering is strongly aligned to the existing suite of technology consulting services we offer our Australian customers, and is consistent with the strategic investments we have made in Australia.
“Importantly, it aligns with our strategy to grow our services business in regions that are key hubs for multinational corporations.
“We see the UK as a key market for our growing technology services business and a strong platform to expand into Europe.”
Company85, which provides services to the likes of the BBC, NHS, Royal Mail, and London City Airport, also has custoemrs like AstraZeneca, JP Morgan, and Roche.
Smith said: “As organisations look to digitise their business, whether it’s to expand into new markets, create new products or improve efficiency, they are increasingly seeking integrated solutions for their network, security and cloud infrastructure, as well as advice on how to implement and manage these.
“Company85’s broad set of consulting capabilities will help us to differentiate our offerings in Europe. We will be able to engage in IT transformation conversations with prospective customers early in the proposal stage, which we believe will help to strengthen our position and create demand for our network services in the region.”
The CEO of Company85, Adrian Spink, said that the combination of the two companies would help to create growth opportunities.
Telstra has been busy building out its portfolio and recently launched its software-defined networking and network virtualisation capabilities, cloud platform and data centres with global and Australian networks that is said to provide an intelligent platform offering Network-as-a-Service.
Financial details of the acquisition were not revealed.