Virgin Media O2 to merge with Daisy Group.

Virgin Media O2, a British mass media and telecommunications company, agreed to merge with Daisy Group, a British business-to-business provider of IT, communications, and cloud services. Financial terms were not disclosed. "Combining Virgin Media O2 Business with Daisy Group is the perfect pairing and creates a new British business connectivity powerhouse and greater competition in the market. For us, it’s a big step forward in our journey to boost B2B growth and provide UK businesses of all sizes with the best digital and connectivity offerings. Following completion, the new company will have the scale, talent, focus and infrastructure needed to drive digital transformation and provide business customers with an innovative one-stop shop for all their communications and IT needs. We can’t wait to get started on this next chapter in partnership with Daisy," Lutz Schüler, Virgin Media O2 CEO.