Original URL: http://www.channelregister.co.uk/2007/09/12/bt_acquires_ins/
Telecoms giant BT has acquired Belgian-based network systems integrator INS Group S.A. as it continues to push the brand beyond British shores.
The firm said it hoped to ramp up its presence in the global LAN and IP telephony services market.
It added that INS, which employs 225 people in Benelux, France, Germany, US, India and Australia, had revenues of €27.9m for the year ended 31 December 2006.
Just last month BT made an exclusive €60m cash offer for French IT services firm CS Communication and Systèmes, for which it has been given a deadline of 30 November to complete the transaction.
BT global services CEO, François Barrault, said: "Today's announcement marks the next step in our strategy to grow our global capability and market coverage in key convergence technologies, and extends BT's leadership position in the LAN and IP telephony services market."
Financial terms of the INS deal were undisclosed.
Shares in BT are currently trading at 305.5 pence on the London Stock Exchange - up 2.6 per cent on the previous close. ®
BT reseller biz goes gangbusters in Q1. But... (31 July 2008)
http://www.channelregister.co.uk/2008/07/31/bt_q1_reseller_earnings/
France Telecom sees rivals teaming up (20 December 2007)
http://www.theregister.co.uk/2007/12/20/srf_neuf_cegetel/
BT puckers up for Frenchie IT outfit (10 October 2007)
http://www.channelregister.co.uk/2007/10/10/bt_net2s_talks/
BT buys into Lynx effect (1 October 2007)
http://www.channelregister.co.uk/2007/10/01/bt_lynx_solutions_sme/
Brussels muscles in on BT universal service rules (10 September 2007)
http://www.theregister.co.uk/2007/09/10/bt_eu_phoneboxes/
Kingston Comms loses BT connection (24 August 2007)
http://www.theregister.co.uk/2007/08/24/kingstoncomm_loses_internet/
BT storms Basilica for channel goodness (20 August 2007)
http://www.channelregister.co.uk/2007/08/20/bt_basilica_acquisition/
Sacked PlusNet boss blasts BT sale 'stitch up' (8 August 2007)
http://www.channelregister.co.uk/2007/08/08/lee_strafford_email/
BT tries French IT services outfit for size (3 August 2007)
http://www.channelregister.co.uk/2007/08/03/bt_to_acquire_cs/
BT matches analysts' forecasts (26 July 2007)
http://www.theregister.co.uk/2007/07/26/bt_financial_statement/
BT Wholesale hires new CEO (24 July 2007)
http://www.channelregister.co.uk/2007/07/24/bt_wholesale_sally_davis/
BT feels the need for 50Mb speed (19 July 2007)
http://www.theregister.co.uk/2007/07/19/bt_faster_broadband/
© Copyright 2008