NTT purchases 70% stake in Frontline Systems to advance cloud play

NTT Communications (NYSE: NTT)  has reached a deal to acquire 70 percent of IT infrastructure and managed services company Frontline Systems Australia.

Financial details of the deal were not revealed.

Leveraging the assets it has in the Australian market, including its acquisition of the former Dimension Data, NTT Communications will integrate Frontline's server-based technologies with its network integration, software development and maintenance offerings to target new MNC deals. In addition, NTT will leverage Frontline's subsidiary Harbour MSP's data center technology to advance its cloud services drive.

Similar to its acquisitions of Dimension Data and Keane, the purchase of the Frontline stake is part of a broader plan NTT is taking to expand its offerings to address multinational corporations' network, infrastructure cloud services needs and increase revenue outside of its native Japan market.

For more:
- see the release

Related articles:
NTT Data close to making $1.2 billion offer for Keane
NTT America adds storage to its enterprise cloud offering
NTT America launches enhanced multi-link Ethernet product
NTT America hands President and CEO torch to Kazuhiro Gomi

Suggested Articles

lphabet and Google CEO Sundar Pichai announced on Monday that Google plans to invest around $10 billion in India over the next five to seven years.

Hewlett Packard Enterprise (HPE) has juiced its SD-WAN platform by buying Silver Peak for $925 million.

Comcast's investment in the development of artificial intelligence and machine learning paid off in spades during the coronavirus pandemic.