2008
During 2008, we completed a number of
key acquisitions:
|
Date |
|
|
Acquisition |
| May
2007 |
|
|
We acquired Mumbai-based i2i Enterprise
Pvt Ltd, which specialises in
IP communications services for major
Indian and global multinational companies. i2i
is a provider of enterprise telecommunications systems
in the Indian market, and distributes BT Infonet’s
managed network services and products nationwide.
This acquisition underscores our commitment
to India, currently one of the world’s fastest
growing IT and business process outsourcing markets. |
|
June 2007 |
|
|
We acquired Comsat International –
a provider of data communication
services for corporations and public
sector organisations in Latin America – through
its parent company, CI Holding Corporation.
Comsat International employs more than
700 professionals with in-depth knowledge of Latin
American markets and provides services directly
in 15 countries. It has a track record in the delivery
of complex projects and the management of
network solutions for enterprise, public sector and
carrier customers. |
|
November 2007
|
|
|
We acquired the IT infrastructure division
of CS Communication & Systèmes
– the French IT systems and
network services provider for up to €60
million (including debt assumed).
The division provides corporate
and public sector clients with a range of services
for building and maintaining IT infrastructures,
including consulting, network integration,
insourcing, outsourcing and data centre services. |
|
January 2008 |
|
|
We completed the merger between BT Italia
SpA and I.NET SpA. The merger
followed the acquisition by BT
of Etnoteam’s 13.6% stake in I.NET and the subsequent
public tender offer for the remaining shares
in public hands in April 2007. BT Italia is Italy’s
leading supplier of communications solutions and
services dedicated solely to business and public sector
customers. I.NET is an acknowledged leader in
security and business continuity solutions. |
| March
2008 |
|
| We acquired Frontline Technologies
Corporation Ltd, one of the leading
providers of end-to-end IT services
in the Asia Pacific region, for approximately S$202
million. Frontline provides IT consulting, infrastructure
services, systems integration and IT outsourcing
to local, regional and multinational companies
and has operations in China, Hong Kong, India,
Indonesia, Malaysia, Singapore, the Philippines,
Taiwan, Thailand and Vietnam. Its acquisition
enhances our existing networked IT services capabilities in the region.
|
| March
2008 |
|
|
At 31 March 2008, we had acquired over
91% of the outstanding issued
share capital of Net2S SA at a
price of €5.27
per share. The transaction values
the entire outstanding issued share
capital of Net2S at approximately €68.5
million. Net2S provides technology consulting
and engineering services for critical business
solutions to large corporate customers. The
company is headquartered in Paris and employs
approximately 800 people operating mainly
in France. It also has a presence elsewhere
in Europe, the US and Morocco. |
We also completed a number of smaller transactions in 2008, including the acquisitions of: Brightview Group Limited (Brightview) (a consumer internet service provider); Basilica Group Limited (Basilica) (one of the
UK’s leading providers of IT solutions to businesses); Lynx Technology Limited (Lynx Technology) (one of the UK’s foremost suppliers of IT services); INS Group SA (the Belgium-based network and systems operator); Square Mile Marina Limited
(a marina Wi-Fi network operator); and Fresca Limited (a specialist retail e-commerce service provider).
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 |
£480m
invested in acquisitions
completed in 2008 |
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