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Broadband

Claranet buys managed technology services provider Star

Friday 23 November 2012 | 17:22 CET | News
Managed service provider Claranet has acquired UK provider of managed technology services, Star. The acquisition creates the largest mid-market provider of integrated hosting and network services in the UK and continental Europe. Claranet is acquiring STH and its subsidiary, Star Technology Services, in a deal valued at EUR 55 million. The trading entities will be maintained and will become wholly owned by Claranet. Operating under the Claranet brand, the expanded company will have revenues of over EUR 120 million, circa 700 staff and over 4,500 customers and operations in the UK, France,

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Categories: Fixed
Companies: Claranet
Countries: Europe / United Kingdom
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