Feeds

Internet Technology Group goes Dutch with acquisition

Snaps up Dutch ISP to make play for European business

  • alert
  • submit to reddit

The Essential Guide to IT Transformation

London-based Internet Technology Group (ITG) has bought Dutch ISP Internet Facilities Europe (IFE) for £4.27 million in a move that marks the company's first major step into the European corporate Internet services market. IFE provides Web hosting services and high-speed Internet access for businesses throughout Holland. Its customers include Siemens-Nixdorf, Silicon Graphics and Fox TV. The Dutch operation will begin marketing services presently offered by ITG's UK subsidiary, GX Networks, once the deal has been finalised. "Acquiring IFE is a significant move for us," said Laurence Blackall, chief executive of ITG. "We now have a great opportunity to start leveraging our significant network investments in new markets... and [this] will enable us to start building up the GX Networks brand in Europe. "This deal provides us with a first class entry point into the European corporate market, with some excellent cross-selling opportunities," he said. Last week, ITG said it planned to expand its telecoms networks after being awarded two licences by the Department of Trade and Industry. ®

Boost IT visibility and business value

More from The Register

next story
iPad? More like iFAD: We reveal why Apple fell into IBM's arms
But never fear fanbois, you're still lapping up iPhones, Macs
Sonos AXES support for Apple's iOS4 and 5
Want to use your iThing? You can't - it's too old
Amazon says Hachette should lower ebook prices, pay authors more
Oh yeah ... and a 30% cut for Amazon to seal the deal
Philip K Dick 'Nazi alternate reality' story to be made into TV series
Amazon Studios, Ridley Scott firm to produce The Man in the High Castle
Too many IT conferences to cover? MICROSOFT to the RESCUE!
Yet more word of cuts emerges from Redmond
Joe Average isn't worth $10 a year to Mark Zuckerberg
The Social Network deflates the PC resurgence with mobile-only usage prediction
Chips are down at Broadcom: Thousands of workers laid off
Cellphone baseband device biz shuttered
Feel free to BONK on the TUBE, says Transport for London
Plus: Almost NOBODY uses pay-by-bonk on buses - Visa
Twitch rich as Google flicks $1bn hitch switch, claims snitch
Gameplay streaming biz and search king refuse to deny fresh gobble rumors
prev story

Whitepapers

Implementing global e-invoicing with guaranteed legal certainty
Explaining the role local tax compliance plays in successful supply chain management and e-business and how leading global brands are addressing this.
Consolidation: The Foundation for IT Business Transformation
In this whitepaper learn how effective consolidation of IT and business resources can enable multiple, meaningful business benefits.
Backing up Big Data
Solving backup challenges and “protect everything from everywhere,” as we move into the era of big data management and the adoption of BYOD.
Boost IT visibility and business value
How building a great service catalog relieves pressure points and demonstrates the value of IT service management.
Why and how to choose the right cloud vendor
The benefits of cloud-based storage in your processes. Eliminate onsite, disk-based backup and archiving in favor of cloud-based data protection.