Telstra buys UK tech outfit Company85

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Telstra has made its latest acquisition in the technology space with the telco picking up UK-based technology services business Company85.

According to Telstra, the deal will help expand its services footprint internationally, with a particular focus on servicing the UK and European enterprise customers.

“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,” Telstra’s executive director of business technology services, Christopher Smith, said.

According to Mr Smith, UK is an important market for Telstra’s growing technology services business and a strong platform to expand into Europe.

“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,” he said.

Company 85 provides data centre, workspace, cloud, security and network services.

Established in 2010 with headquarters in London, Company85 today has approximately 75 employees and provides services to leading UK-based business and government customers such as BBC, NHS, Royal Mail and London City Airport, and multinational corporations including AstraZeneca, J.P. Morgan and Roche.

Terms of the deal were not disclosed.

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