The acquisition creates a company with revenues in excess of £4m and 50 highly qualified IT support professionals with skills encompassing Microsoft, Citrix, Asigra, VMWare, Juniper, Cisco, BlackBerry, Vodafone and more.
Fifosys, along with Octavia, will continue to provide our trademark high standards of consultancy, IT support, network infrastructure, cloud computing, data backup and recovery and mobile services.
With an increased knowledge base and skill set, our clients will benefit greatly from this deal whilst still receiving the same high levels of service they have come to expect from the respective companies. By combining the passion, creativity, and expertise of two leading-edge service providers, we will continue to drive innovations that help SMEs across the UK.
Mitesh Patel, the Managing Director and Owner of Fifosys said “This is a key part of our growth strategy. We have acquired a highly skilled technical team and a growing customer base to whom we can offer Cloud Computing solutions and services to complement Octavia’s existing service offerings. It provides us with greater critical mass to exploit new technologies and helps to strengthen our management team. It is such a great way to start 2011.”
Giles Sirett, Chief Executive of Octavia commented “I am really pleased with the acquisition and truly believe it will provide positive benefits to all of our customers and to my team. Fifosys has invested heavily in infrastructure and services to offer Cloud Computing, IT Outsourcing and the Fifosys
Online Back-up service. I am really looking forward to introducing these new capabilities to Octavia customers. I see it as a very positive step for us all.”
Source:http://www.benzinga.com/press-releases/11/02/p841999/it-outsourcing-company-fifosys-increases-turnover-to-%C2%A34m-through-acquis
