Telstra has entered into an agreement to acquire Kloud, an Australian-based cloud services provider. The transaction is reported be worth $40 million. Kloud has 150 employees across Melbourne, Sydney, Adelaide and Manila.
The acquisition is expected to expand Telstra’s Network Applications and Services(NAS) capabilities, which provides enterprise and business customers with managed network and security services, as well as cloud and communications solutions.
Telstra Executive Director Global Enterprise and Services, Michelle Bendschneider
Kloud will enhance Telstra’s consulting-led capabilities by expanding our professional and managed services, complementing recent acquisitions such as NSC, O2 Networks and Bridgepoint.
Nicki Bowers, Kloud Managing Director
The potential for our people, our 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.
