Waterland-backed Skaylink completed the acquisition of BTT Cloud.

Waterland-backed Skaylink, a cloud service provider, completed the acquisition of BTT Cloud, an IT service provider. Financial terms were not disclosed. “My ambition has always been to work from Lithuania for the entire world, to create jobs here, implement interesting, valuable, and profitable projects. Over a decade, we have walked an impressive path together and today, we are turning a new page. I know that we are excellent, but this deal is a recognition of our entire team. We will offer our clients an even higher standard of service quality alongside Skaylink,” Donatas Zaveckas, BTT Cloud CEO.