Telstra acquires UK’s Company85

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Telstra has acquired Company85, a UK-based technology services business and provider of data center, workspace, cloud, security and network services.
Christopher Smith, executive director of Telstra’s 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. Importantly, it aligns with our strategy to grow our services business in regions that are key hubs for multinational corporations,” Smith said. “We see the UK as a key market for our growing 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.
“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,” Smith said.
Company85 CEO Adrian Spink said the combination of Telstra’s world class network and global reach, with Company85’s technical expertise and strong relationships with CIOS and Chief Information Security Officers at leading organizations, would create exciting growth opportunities.
“Being part of Telstra we see a tremendous opportunity to reach new customers and accelerate our international expansion,” Spink said.
Questions & Answers
Q.What kind of business is Company85?
What kind of business is Company85?
Company85 is a UK-based technology services business. It provides data centre, workspace, cloud, security, and network services to clients.
Q.What is Telstra's main reason for acquiring Company85?
What is Telstra's main reason for acquiring Company85?
The acquisition aligns with Telstra's strategy to expand its technology services business internationally. It aims to enhance service offerings for UK and European customers.
Q.How will Company85's expertise benefit Telstra in Europe?
How will Company85's expertise benefit Telstra in Europe?
Company85's consulting capabilities will help Telstra differentiate its offerings. This will enable earlier engagement in IT transformation discussions, strengthening its position and demand for network services.
Q.What does Company85 expect to gain from this acquisition?
What does Company85 expect to gain from this acquisition?
Being part of Telstra offers Company85 the opportunity to reach new customers. It also expects to accelerate its international expansion due to Telstra's global reach.
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