Telstra buys UK-based Company85 to expand tech services business

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Telstra announced it had acquired Company85, a UK-based technology services business and provider of data center, workspace, cloud, security and network services.

Christopher Smith, Telstra’s executive director of Business Technology Services, said the acquisition was aligned to Telstra’s strategy to grow its technology services business internationally and would significantly enhance Telstra’s service offering for UK and European based business and government customers.

“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,” said Smith. “Importantly, it aligns with our strategy to grow our services business in regions that are key hubs for multinational corporations.”

Smith added that Telstra sees the UK as a key market for its technology services business and a strong platform to expand into Europe.

Smith also said Company85 was highly regarded in the UK for its consulting and technical expertise, including the market-leading approach it has developed for standardizing and automating data center migrations.

“As organizations look to digitize 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,” said Smith. “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.”

Established in 2010 with headquarters in London, Company85 today has approximately 75 employees and provides services to leading UK-based business and government customers such as BBC, NHS, Royal Mail and London City Airport, and multinational corporations including AstraZeneca, J.P. Morgan and Roche.

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