Telstra buys information security and networking firm

Telstra buys information security and networking firm

Bridge Point acquired to complement O2 Networks purchase within NAS business

Telstra has taken yet another step in evolving Network Application and Services (NAS) arm, this time with the acquisition of Queensland-based information security, network and data management provider, Bridge Point.

According to Telstra global enterprise and services executive director, Michelle Bendschneider, Bridge Point’s capabilities will strengthen Telstra’s strategic product roadmap in networking and security, and increase its expertise in emerging technologies.

“Bridge Point’s expertise and geographical reach will help Telstra continue to grow its leadership position in managed network and managed security services, giving customers access to a broad range of skills and services across Australia,” Bendschneider said.

A Telstra spokesperson told ARN that in the medium term, there will be little change for Bridge Point employees and customers, while in the long term there could be further integration with Telstra NAS.

Bridge Point employs 75 staff, all of whom will be retained.

“Bridge Point has been a Telstra partner since we started in 2000 so when the opportunity came up to become part of the group we could easily appreciate the potential we could offer to our people, our clients, our business partners and to Telstra,” Bridge Point managing director, Rob Siganto, said.

“We have watched and worked closely with Telstra in their move into ICT services through their NAS group and we were keen to become part of it.”

This deal is expected to complement Telstra’s purchase of O2 Networks in January for $60 million to boost its Cloud computing capabilities.

“Both companies share complementary skills in advanced network and emerging technologies, which together provide Telstra with new market opportunities and extends our reach to new customers and geographies.”

Telstra did not disclose the value of this agreement.

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Tags O2 Networksinformation securityacquisitionBridge PointTelconasTelecommunicationsTelstranetwork application and servicesservices is a channel management ecosystem that automates all major aspects of the entire sales, marketing and service process, including data tracking, integrated learning, knowledge management and product lifecycle management.

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