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KPN Expands to Cloud Computing Market with Acquisition of IS Group

KPN Expands to Cloud Computing Market with Acquisition of IS Group Image Credit: KPN

KPN recently announced the acquisition of 100% of the share capital of IS Group, one of the largest managed hosting and cloud services providers in The Netherlands. The acquisition fits within KPN’s strategy that aims to strenghten the company's position in the fast growing Dutch cloud computing market. The acquisition of IS Group enables KPN to expand its managed hosting capabilities and to complement its existing proposition with cloud-based workspace solutions for small and medium-sized enterprises.

IS Group which recorded EUR 25m in revenues last year offers shared & managed cloud computing, virtual desktop solutions and connectivity, including an array of IT-services. 

Frank Van Der Post, CCO, KPN
 Our business customers are increasingly asking for cloud-based services to support their growth. Together with IS Group we will be better able to service our customers in their transition to the cloud, with solutions that increase efficiency and flexibility, while allowing for rapid scalability. Our business customers are increasingly asking for cloud-based services to support their growth. Together with IS Group we will be better able to service our customers in their transition to the cloud, with solutions that increase efficiency and flexibility, while allowing for rapid scalability.

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Ray is a news editor at The Fast Mode, bringing with him more than 10 years of experience in the wireless industry.

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