Feeds

Claranet in talks to buy Netscalibur – sources

No comment

  • alert
  • submit to reddit

Internet Security Threat Report 2014

UK ISP Claranet is in the final stages of acquiring London-based business ISP Netscalibur, according to sources familiar with the situation.

The deal is expected to be completed within the next week or so although exact details have yet to be released.

However, insiders have expressed fears that the acquisition could lead to job losses both at Netscalibur and Claranet.

Steve Rawlinson, MD of Claranet's UK operations, declined to comment on the story although he admitted that Claranet was currently "looking at a number of acquisitions".

He said he was unable to name or discuss any of the companies concerned due to legal reasons.

Netscalibur is also keeping mum with a spokesman telling us that the company didn't "comment on unsubstantiated allegations".

Although both companies have declined to comment, the pair do have some history. Last year, for example, Claranet bought Netscalibur's German operation for an undisclosed sum giving Claranet operations in Berlin, Munich and Frankfurt.

Backed by €250m and funded by the likes of Morgan Stanley, TLcom Capital Partners and Goldman Sachs, Netscalibur describes itself as a "new generation of knowledge-based telco", serving more than 10,000 businesses in Europe. ®

Top 5 reasons to deploy VMware with Tegile

More from The Register

next story
Facebook pays INFINITELY MORE UK corp tax than in 2012
Thanks for the £3k, Zuck. Doh! you're IN CREDIT. Guess not
Facebook, Apple: LADIES! Why not FREEZE your EGGS? It's on the company!
No biological clockwatching when you work in Silicon Valley
Happiness economics is bollocks. Oh, UK.gov just adopted it? Er ...
Opportunity doesn't knock; it costs us instead
Sysadmin with EBOLA? Gartner's issued advice to debug your biz
Start hoarding cleaning supplies, analyst firm says, and assume your team will scatter
YARR! Pirates walk the plank: DMCA magnets sink in Google results
Spaffing copyrighted stuff over the web? No search ranking for you
In the next four weeks, 100 people will decide the future of the web
While America tucks into Thanksgiving turkey, the world will be taking over the net
Microsoft EU warns: If you have ties to the US, Feds can get your data
European corps can't afford to get complacent while American Big Biz battles Uncle Sam
prev story

Whitepapers

Cloud and hybrid-cloud data protection for VMware
Learn how quick and easy it is to configure backups and perform restores for VMware environments.
A strategic approach to identity relationship management
ForgeRock commissioned Forrester to evaluate companies’ IAM practices and requirements when it comes to customer-facing scenarios versus employee-facing ones.
High Performance for All
While HPC is not new, it has traditionally been seen as a specialist area – is it now geared up to meet more mainstream requirements?
Three 1TB solid state scorchers up for grabs
Big SSDs can be expensive but think big and think free because you could be the lucky winner of one of three 1TB Samsung SSD 840 EVO drives that we’re giving away worth over £300 apiece.
Security for virtualized datacentres
Legacy security solutions are inefficient due to the architectural differences between physical and virtual environments.