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Telstra has announced the acquisition of Australian managed services provider VMtech for an undisclosed amount, in another push to expand its Network Applications and Services (NAS) business arm globally.
The hybrid cloud services company, based in Sydney, has “expertise” in designing, delivering, and managing enterprise-grade connectivity, security, and hybrid cloud services, Telstra said, which will be used to bolster the telco’s IT consulting business.
“Customers are looking to us to provide hybrid solutions for their network, security, and cloud infrastructure, as well as support with defining, architecting, implementing, and managing these solutions,” Telstra executive director of Business Technology Services (BTS) Christopher Smith explained.
“Telstra’s multi-cloud strategy is to provide customers with integrated hybrid cloud solutions and managed services through unified platforms across cloud and on-premise[s] infrastructure and applications.”
VMtech has approximately 75 staff members, and provides managed services to both enterprise and government customers across New South Wales and Victoria, including Coca-Cola, ME Bank, Komatsu, Mission Australia, and Sydney’s Inner West Council.
According to VMtech Co-Founder and CEO Len Findlay, the company has been partnered with Telstra since 2013. Under the acquisition, Findlay said VMtech would combine its hybrid cloud capabilities with Telstra’s network and security solutions.
During FY17, Telstra’s NAS business arm brought in AU$3.4 billion in revenue, up by 30.6 percent thanks to its expansion in professional services and hardware sales.
Industry solutions revenue grew by 66 percent; cloud services increased by 50.2 percent; and unified communications increased by 8.8 percent.
Smith added on Thursday that the Telstra Programmable Network (TPN) will provide the scalable connectivity between customers and their cloud environments, and pointed towards Telstra’s previous acquisitions of Kloud, Readify, MSC Mobility, and Company85 as allowing the telco to expand its business of assisting in digital transformation.