Feeds

Thus group sells off Dutch Demon

ISP to get UK-focused

5 things you didn’t know about cloud backup

Thus, the company behind the Demon brand, has agreed to sell its Dutch arm to telco Royal KPN NV for £47m. The deal is now before the Works Councils of both firms for rubber-stamping.

The Demon ISP has 77,000 subscribers in the Nertherlands and brought in £19.8m over the past year with EBITDA (earnings before interest, tax, depreciation and amortisation) of £2.2m. The operation's assets are valued at £5.3m.

Thus announced plans to concentrate on its domestic operations in a strategy review in February. The group is aiming to focus on the UK business market.

It will post its annual results on 19 June. ®

5 things you didn’t know about cloud backup

Whitepapers

Gartner critical capabilities for enterprise endpoint backup
Learn why inSync received the highest overall rating from Druva and is the top choice for the mobile workforce.
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.
Rethinking backup and recovery in the modern data center
Combining intelligence, operational analytics, and automation to enable efficient, data-driven IT organizations using the HP ABR approach.
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.
Next gen security for virtualised datacentres
Legacy security solutions are inefficient due to the architectural differences between physical and virtual environments.