BT Ireland confirms Cara buyout
Print storyDusted and done
Posted in IT Channel, 3rd November 2005 14:23 GMT
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BT Ireland has confirmed that it's bought the Cara Group in a deal that execs claim will create one of the largest networked IT services companies in Ireland.
Financial details were not dislcosed.
The deal, reported by The Register earlier this week, is part of BT's strategy to gain more ground as a networked services provider and to expand into areas such as LAN, IP telephony, wireless networking and security.
Based in Dublin and employing 134 people, Cara provides ICT services to Irish businesses and public sector groups, and last year posted revenues of €38m.
It's been a busy week for the monster telco. On Monday, BT snapped up LAN outfit Total Network Solutions Limited (TNS) also for an undisclosed sum. ®
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