£45m company brought into services firm
Services firm telent has reached agreement to acquire the business of Telindus UK.
The deal will increase telent’s ability to deliver end-to-end ICT and IP networking solutions and the additional expertise in delivering Cisco and Juniper Networks solutions will strengthen its multi-vendor capabilities.
Mark Plato, CEO of telent said: "We have been investing in growing our capability in IP networking and in the delivery of end-to-end ICT solutions for some time now. The acquisition of Telindus takes us to another level, providing a step change in our core expertise and capabilities with key industry partners and introducing us to a range of new customers and markets."
Based in Camberley, Surrey, Telindus delivers ICT solutions including network infrastructure, data centre and security solutions, plus professional and managed services.
The company has an annual turnover of over £45m with customers, including Virgin Media, LINX, Interroute and British Aerospace.
Under the agreement, telent will retain the Telindus Camberley base, which includes high specification lab facilities that allow the replication, and the development and testing of customer’s networks. This will complement telent’s existing Research and Development facilities in Warwick and London.
Earlier this year telent acquired the business of voice processing and communication specialists Voice Perfect and has also taken a 25% stake in CNS Group, the IT security and information assurance specialist.
The deal is expected to complete over the forthcoming weeks, subject to customary conditions.