Deutsche Telekom buys minority stake in WAN-as-a-service provider Teridion

News Broadband Germany 17 JAN 2022
Deutsche Telekom buys minority stake in WAN-as-a-service provider Teridion

Deutsche Telekom has bought a minority stake in Teridion, a provider of WAN-as-a-Service to enterprise customers, though its Telekom Innovation Pool, the strategic investment fund advised by Deutsche Telekom Capital Partners. 

As part of the strategic agreement, Telekom is deploying Teridion's multi-cloud based WAN-as-a-Service product for the tier-1 backbone. The product provided by Teridion particularly suits business customers seeking reliable and fast internet connectivity for their offices and employees working remotely, the company said.

Categories:

Fixed

Companies:

Deutsche Telekom,  Teridion

Regions:

Global

Countries:

Germany

Tags:

M&A buyouts & divestments

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