Announced

Completed

Claranet completed the acquisition of Pictime.

Synopsis

Claranet, a provider of managed information technology services, completed the acquisition of Pictime, a French digital transformation and managed hosting services provider. Financial terms were not disclosed. "Firstly, I’d like to welcome the teams at Pictime, AddOn, and Flowing to the wider Claranet Group. Our focus whenever we acquire new companies is always to ensure we share the same values and cultures, and to provide all new colleagues with the opportunity to develop and grow their careers with Claranet," Charles Nasser, Claranet Founder and CEO.

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