Australian operator Telstra's acquisition of channel partner Bridge Point continues a buying spree designed to boost its enterprise IT presence.
Bridge Point provides information security, network integration and management and data management for enterprise and government customers. It, and its 75 employees, will be rolled into Telstra's Network Applications and Services (NAS) portfolio, which so far has grown by 27.8 percent in fiscal year 2014 with $1.9 billion in revenue. It joins O2 Networks, which Telstra purchased in January 2014.
"Both companies share complementary skills in advanced network and emerging technologies," Michelle Bendschneider, Telstra's executive director of Global Enterprise and Services, said in a statement carried by CRN, adding: "Bridge Point's expertise and geographical reach will help Telstra continue to grow its leadership position in managed network and managed security services" in a comment to ZDNet.
Bridge Point, which has strategic partners in Check Point, Cisco, NetApp, CommVault and VMWare and customer relationships with the Queensland government, Suncorp, Virgin Australia and Allianz, will "continue to operate as it has been and progressively over time it may be integrated into the Telstra business more generally," a Bridge Point spokesperson told ZDNet. "It's certainly our intention to keep all of the 75 staff on board."
Financial terms of the deal were not released.
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