Interoute, owner-operator of one of Europe’s largest networks and a global cloud services platform, has entered into an agreement to acquire European managed services provider Easynet, for £402 million.
The acquisition will enable enterprise, government and service provider customers of the merged group to access a full suite of the combined companies products and services, via the company’s channel partners as well as direct..
Gareth Williams, Interoute’s CEO, commented, “These are exciting times for Interoute and our customers as we create a leading, independent European ICT provider. It’s the next step in our acquisition strategy and moves us much closer to our goal of being the provider of choice to Europe’s digital economy.”
Mark Thompson, CEO of Easynet, added, “I believe this acquisition will bring great benefits to both Interoute’s and Easynet’s customers. The combined companies can offer broader and deeper connectivity options, as well as an expanded portfolio of products and services, and the acquisition will further expand an already market-leading cloud hosting capability in Europe.”