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Announced

Completed

Telefónica completed the acquisition of Altostratus Cloud Consulting.

Synopsis

Telefónica, a Spanish multinational telecommunications company, completed the acquisition of Altostratus Cloud Consulting, a cloud consulting company. Financial terms were not disclosed. "Being part of Telefónica Tech completes a journey that began more than five years ago so that we could become the leader in Google Cloud services in Spain. We consider it a natural step in our relationship with Telefónica after several years of working together with our customers in their digital transformation process," Daniel Aldea, Altostratus CEO.

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