Announced
Completed
Financials
Tags
Single Bidder
Private
cloud connectivity solutions
Acquisition
Cross Border
Telecommunications Services: Other
Completed
Friendly
Majority
United Kingdom
Synopsis
Welltel, a business communications provider, completed the acquisition of Strencom, a provider of cloud connectivity and communication solutions. Financial terms were not disclosed. “Strencom’s secure data connectivity, cloud infrastructure and managed hosting are new services for the group, and when layered with Welltel’s specialist voice solutions, creates a one-stop provider for business customers. It drives our secure connectivity proposition and offers a natural migration path to the secure cloud. This is especially important with the acceleration of the digital workplace, and in securing the hybrid workforce of the future," Ross Murray, Welltel CEO.
Search a database of more than 250,000 verified dealmakers
Receive automated updates on global transactions
Follow the activity, relationships and transactions of top dealmakers
© COPYRIGHT 2024 MERGERLINKS LIMITED.
ALL RIGHTS RESERVED.
15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.