BT has acquired
INS
Group, a Belgium-based network and systems integrator, for an undisclosed
sum.
The UK telco said that the acquisition is designed to strengthen its
operations in the Benelux region, and improve its position in the global Lan and
IP telephony services markets.
"Today's announcement marks the next step in our strategy to grow our global
capability and market coverage in key convergence technologies," said François
Barrault, chief executive at
BT
Global Services.
INS has headquarters in Brussels and employs more than 225 professionals
across Benelux, France, Germany, the US, India and Australia.
The company provides corporate communication services, including the design
and implementation of data, voice and video infrastructures.
INS generated revenues of €27.9m for the year ending 31 December 2006 and has
assets of €13.5m.
BT's acquisition offer has been accepted by INS, but will still need the
necessary regulatory clearances.
Last month BT made a €60m offer to acquire French firm CS Communication and
Systèmes, which is expected to be completed by 30 November.
Comments
Have your say on this article