Announced
Completed
Synopsis
Fulcrum Technology, a European division of a global technology company focused on a pan-European strategy to deliver long-term growth in the IT sector, completed the acquisition of pure technology, a provider of IT services and solutions to UK SME, mid-market, enterprise and public sector organisations. Financial terms were not disclosed. “We’ve had many approaches over the last couple of years because, fundamentally, we’re a great business. Fulcrum’s pitch was different though; they have a bigger strategy in play, which will propel us towards being amongst the top echelon of UK IT Service Providers. We also share many values, which will only enhance what’s truly special about our business - our people, our culture and our service. For all of us, and our customers and partners too, this is a tremendous opportunity," Stephen O’Brien, pure technology group CEO.
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