All the latest UK technology news, reviews and analysis

Colt acquires ThinkGrid to bolster SME cloud services

13 Aug 2012
Cloud computing

Communications and IT services firm Colt has acquired ThinkGrid, a cloud computing services platform provider, in a move designed to strengthen its portfolio aimed at the SME sector of the market.

ThinkGrid's technology includes a number of cloud-based IT services including hosted virtual desktops, email and application delivery, with the firm largely focused on providing these as turnkey platforms with which partners in the reseller and IT services channel can support their own SME customers.

Colt said that the acquisition strengthens its position in cloud services, as well as bringing on board about 200 extra reseller partners in the UK.

"The SME market for managed services is set to grow at 15 percent annually during the coming years," explained Colt executive vice president François Eloy.

"The acquisition of ThinkGrid further strengthens our position with the addition of a complementary range of cloud-based services."

While Colt's channel partners are set to benefit from ThinkGrid technologies such as auto-provisioning and flexible billing, end users of ThinkGrid's services will also benefit from the backing of a larger company with access to greater resources and a pan-European presence.

"ThinkGrid will gain access to Colt's 20 state-of-the-art datacentre facilities, extended research and development, and support resources as well as an opportunity to expand into 22 European countries," said ThinkGrid chief executive Rob Lovell.

No financial details of the deal were disclosed, despite V3's request for information.

  • Comment  
  • Tweet  
  • Google plus  
  • Facebook  
  • LinkedIn  
  • Stumble Upon  
Daniel Robinson

Daniel Robinson is technology editor at V3, and has been working as a technology journalist for over two decades. Dan has served on a number of publications including PC Direct and enterprise news publication IT Week. Areas of coverage include desktops, laptops, smartphones, enterprise mobility, storage, networks, servers, microprocessors, virtualisation and cloud computing.

More on Cloud Computing
What do you think?
blog comments powered by Disqus

Windows 7 end of mainstream support

What are your plans for when Microsoft ends mainstream support for Windows 7 in January 2015?

Popular Threads

Powered by Disqus
LG G3 in gold black and white

LG G3 vs Galaxy S5 video

We pit the two Korean firms' flagship smartphones against each other

Updating your subscription status Loading

Get the latest news (daily or weekly) direct to your inbox with V3 newsletters.

newsletter sign-up button

Getting started with virtualisation

Virtualisation can help you reduce costs, improve application availability, and simplify IT
management. However, getting started can be challenging


Converting big data and analytics insights into results

Successful leaders are infusing analytics throughout their organisations to drive smarter decisions, enable faster actions and optimise outcomes

Java Developer

Java Developer · Are you a Java Developer that is happy...

2nd Line Support/Systems Administration

Permanentposition, Central London, suitable if you have...

4GL Software Developer

My client, a leading global specialist camera retailer... Business Analyst

I am currently working with a leading UK based organisation...
To send to more than one email address, simply separate each address with a comma.