Telstra acquires UK-based tech services provider Company85
06 June 2017 | Natalie Bannerman
Today Telstra announced their acquisition of UK tech services provider Company85.
Company85 is known in the industry as a leading provider of data centre, workspace, cloud, security and network services and aligns itself with Telstra’s strategy to grow its technology services internationally, particularly by gaining entry into the UK and EU markets.
Christopher Smith, Telstra’s executive director of business technology services, commented: “Company85’s offering is strongly aligned to the existing suite of technology consulting services we offer our Australian customers, and is consistent with the strategic investments we have made in Australia. Importantly, it aligns with our strategy to grow our services business in regions that are key hubs for multinational corporations. We see the UK as a key market for our growing technology services business and a strong platform to expand into Europe.”
Company85 was also an appealing proposition because of its reputation for consulting and technical expertise and its market-leading approach to standardising and automating data centre migrations.
“As organisations look to digitise their business, whether it’s to expand into new markets, create new products or improve efficiency, they are increasingly seeking integrated solutions for their network, security and cloud infrastructure, as well as advice on how to implement and manage these.”
“Company85’s broad set of consulting capabilities will help us to differentiate our offerings in Europe. We will be able to engage in IT transformation conversations with prospective customers early in the proposal stage, which we believe will help to strengthen our position and create demand for our network services in the region,” said Smith.
The merging of these two companies is set to become a formidable force. The combination of Telstra’s world class network and global reach, with Company85’s technical expertise and strong relationships with chief information officers and chief information security officers at leading organisations, would create exciting growth opportunities.
“Being part of Telstra we see a tremendous opportunity to reach new customers and accelerate our international expansion”, said Adrian Spink, CEO of Company85.