Sat, 23 Feb 2019 | MERGER
Two technology businesses based in Bournemouth have successfully completed a merger.
ITSB, an IT support, cloud and security specialist, has joined forces with Crystal Clear Telecom communications platform.
The merger was coordinated by TECHNEDs Investment – a technology investment platform headquartered in Poole– which already holds ITSB and Crystal Clear Telecom under its umbrella of private equity-backed companies.
Chief executive of ITSB, Lee Dredge, commented on the merge: “Our message today is very much one of growth and we look forward to a mutually beneficial business relationship with the best possible combination of communications and technology solutions.
"Our two businesses understand each other’s markets very well and because our fields of expertise are so complementary, this will result in new and existing clients being attracted by the convenience of our multiple services offering.”
It is anticipated that the merger will boost the local economy by providing support to various third-party companies in the form of numerous tech solutions and partnerships in campaigns.
Managing director of Crystal Clear Telecom, Scott Gower-Smith, said: The world of telecommunications is evolving rapidly, especially cloud working, and this merger ensures we continue to stay ahead of technology trends.
"Our partnership with ITSB allows us to provide a comprehensive customer support service – it makes perfect sense that we should be working together for the good of all of our clients.
“Our honest and knowledgeable approach will enable us to provide voice, connectivity and communication solutions to our rapidly increasing client base."
For more news stories about mergers, click here. For all our business for sale listings, click here.
This UK-based EDI service provider offers industry-leading software and services, making it an ideal acquisition for companies looking to enhance their position in the FMCG market.
This business is a prominent player in the realm of RFID, asset tracking, and IoT software development, known for its consistently profitable performance and expanding gross profit margins.
This is a fantastic opportunity to acquire a technologically advanced firm with offices in Moray and Renfrewshire, offering flexibility in its sale arrangement.
Please choose your settings for this site below. For more information please read our Cookie Policy
These cookies are necessary for our website to function properly and provide you with access to all features.
These are analytics cookies that help us to improve the way our website works.
These are used to improve the functional performance of the website and make it easier for you to use.