Telstra invests in cloud and apps firms
Telstra has expanded its services operations by buying a managed services company and investing in an application delivery provider on the same day.
The Australian incumbent has not given prices for either deal.
The company has agreed to buy Kloud, a provider of professional and managed services to enterprises seeking to move their workloads and applications to the cloud. The company is based in Australia and the Philippines.
Michelle Bendschneider, Telstra’s executive director for global enterprise and services, said the proposed acquisition would support Telstra’s objective of providing customers with market-leading technology solutions.
“Kloud will enhance Telstra’s consulting-led capabilities by expanding our professional and managed services, complementing recent acquisitions such as NSC, O2 Networks and Bridgepoint,” she said.
Kloud has 150 employees in Melbourne, Sydney, Adelaide and Manila, and more than 80 customers.
At the same time Telstra Ventures announced it had made a strategic investment in Instart Logic, a provider of next generation application delivery services based in Palo Alto, California.
Mark Sherman, managing director of Telstra Ventures, said the investment was driven by the opportunity presented by Instart Logic’s application delivery service, which helps companies cost-effectively improve the performance, user experience and security of websites and applications.
“Given mobility continues to be one of the top trends in the technology space, we are excited to start the year with an investment in Instart Logic. Their end-to-end application delivery platform combines machine learning for performance and security with a CDN for delivery,” said Sherman.