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Pakistan-based business communications company Multinet has announced that it will be upgrading its optical transport network that today spans the entire country covering more than 120 cities, across more than 14,000 kilometres.
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Posted on March 3, 2021 by Nick Farrell - News Cloudy MSP Node4 has a new equity backer to help in its expansion plans. Providence Equity Partners, an equity firm that specialises in the media, communications, education, software and services industries and no one is saying how much cash is involved. Over the past five years, Node4 has achieved strong organic growth through significant new customer wins and the provision of a broader range of information and communications solutions to its existing clients. During this period, significant investment has been made in people, systems, skills ...
Node4 acquires K3’s Starcom Technologies 1st March 2021 Node4 has acquired Starcom Technologies Limited, the MSP division of K3 Business Technologies Group (K3). The acquisition will see Starcom Technologies become part of Node4’s comprehensive portfolio of services, further adding to its capability of delivering enhanced cloud managed services throughout the UK. It also expands the company’s operational presence with offices in Scotland, the North West and South East England. With annualised revenues of £11m, Starcom Technologies has built a reputation with K3’s customers as a col...
26 February 2021 | 10:03am StockMarketWire.com - Software company K3 said it had sold its managed services unit Starcom Technologies for £14.7 million to Node4, a UK-based infrastructure and services. The transaction generated a significant profit on disposal, in excess of £10 million, and would reduce debt. At 30 November 2020, net debt stood at £2.3 million, down from £2.4 million. Results for the year end 30 November 2020 will be released on the 30 March 2021. At 10:03am: [LON:KBT] K3 Business Technology Group PLC share price was 0p at 114p Story provided by StockMarketWire.com Fi...