The Getronics group – comprising of Getronics, GWA and Connectis – has expanded its European cloud business via the acquisition of Colt’s managed cloud business. As part of the acquisition Colt will move support of its Managed Cloud to Getronics and Getronics will get access to Colt's network, voice and data centre capabilities.
The Colt platform has been positioned by Gartner as a leader in the European Gartner Magic Quadrant for Cloud-enabled Managed Hosting for the past three consecutive years and currently employs staff working across operations, transition and engagement, presales, service management and support functions in nine countries in Europe (the UK, France, Germany, Spain, the Netherlands, Belgium, Italy, Romania and Switzerland) plus its Indian business. There are also around 600 customers across multiple verticals including financial services, media and government, which will benefit from a long term, secure and seamless provision of services.
So is this Colt getting out of the cloud market? Far from it, what it says to us is, Colt have overstretched themselves on the Cloud outside of the US and are dealing with it quickly. After all, why would any business sell a product that is a leader in the Gartner magic quadrant, and is in a market, cloud, that all their competitor telecoms businesses are scrambling to get into? If you read between the lines, all Colt are doing is offloading the pieces that are complicated and involve people. With this deal Colt has effectively transferred ownership of the sales and support function for the cloud in Europe – and India – to someone who can hopefully manage it better. Colt still owns the network and all the future network traffic, and all R&D is still owned by them.
The financial terms of the deal are undisclosed and as usual the acquisition is subject to regulatory and competition clearances and compliance with local labour laws but it should all be completed by the New Year as Mark Cook, Getronics Group CEO explains. “We have been relentlessly pursuing our digital transformation and portfolio shift strategy and today’s announcement demonstrates our commitment to offering the latest, best of breed IT services to our customers. We are delighted with this latest acquisition, and we are looking forward to welcoming the transferring customers and employees into the Getronics family in the New Year.”
The Getronics group was acquired by German business Aurelius in 2012 and has been bolstered by various acquisitions including Spanish divisions of Thales, Telvent, Steria Iberica, and NEC’s direct sales & services business in four countries.