Updated: Telstra acquires Kloud
- 21 January, 2016 12:24
Kloud, managing director, Nicki Bowers.
Kloud is a Microsoft partner with employees across Australia and Manila, and specialises in assisting corporate and government customers in adopting Cloud technologies.
Financial details of the deal haven't been disclosed.
Telstra executive director global enterprise and services, Michelle Bendschneider, said the acquisition will support Telstra’s objectives and enhance its consulting capabilities through expanding its professional and managed services.
"We looked at the market and capability and Kloud was just a stand out for us," she said. "It was a great alignment."
Bendschneider said it does intend to keep all of Kloud's 150 employees. The two companies have maintained a partnership for years.
"They're the biggest part of the secret sauce and it begins with the leadership of Nicki Bowers and Brendan Carius, who are the key leaders that stood up this business," she said. "We're very proud of the talent retention that we've had through our acquisitions in the last few years."
The Kloud brand name will be retained for a period of time and any 'brand' decisions will be thoughtfully undertaken with customers in mind, Bendschneider said.
“The potential for our people, customers and partners was clear to see. We have watched and worked closely with Telstra in their move into ICT services and are keen to become a more integral part of it,” Kloud managing director, Nicki Bowers, said.
Kloud has been working in the Asia-Pacific region predominantly in Singapore and has offices in Melbourne, Sydney, Adelaide and Manila with more than 80 customers.
The acquisition is subject to certain conditions and is will be completed at the end of February.
Bendschneider said the telco doesn't intend to stand still on the acquisition front.
"We will continue to grow and evolve. Our CEO has openly declared our growth strategy that continues to be a mix of organic and in-organic measures both domestically and internationally," she said.