TalkTalk to acquire Virtual1 from BGF.

TalkTalk, a provider of pay television and Internet access services, agreed to acquire Virtual1, a provider of connectivity and cloud services, from BGF, an investment company. Financial terms were not disclosed. “Since taking the company private in February 2021 we have looked to invest to strengthen both our B2B and wholesale platforms. As all businesses continue to experience increasing demands for high bandwidth services, we see huge benefits in acquiring Virtual 1 coupling our national scale network with their market-leading APIs and software capabilities. Tom O’Hagan, CEO and founder, and his excellent team of 200 people will continue to lead the standalone business and we look forward to welcoming them to the TalkTalk family," Tristia Harrison, TalkTalk CEO.