Menu
Colt buys ThinkGrid to target SME cloud growth

Colt buys ThinkGrid to target SME cloud growth

The deal will add 200 resellers and ISV’s to Colt’s partner community in the UK

Colt Technology Services has revealed that it has acquired channel-focused cloud platform provider, ThinkGrid, in a bid to target growth in the SME market.

ThinkGrid's portfolio of cloud-based services, which incorporates a turn-key management platform and commercial and technical training, aims to allow channel partners to become cloud providers in their own right.

For Colt, the deal adds approximately 200 resellers and ISV's to its partner community in the UK, which it hopes will increase strength in the cloud-based services market.

"The SME market for managed services is set to grow at 15 percent annually during the coming years. Colt is well positioned to penetrate this market through our indirect channels," said Francois Eloy, executive vice president at Colt.

"The acquisition of ThinkGrid further strengthens our position with the addition of a complementary range of cloud-based services."

He added: "We also gain a reseller-orientated management platform and portal, which will reduce our time to market across European markets. This acquisition allows us to extend our channel community to include skilled managed services resellers who will help us to accelerate our growth."

ThinkGrid's training programme, which helps facilitate the development of resellers' cloud capabilities, will be rolled out to Colt's indirect sales team and channel partners.

Rob Lovell, CEO of ThinkGrid, said: "ThinkGrid will gain access to Colt's 20 state-of-the-art data centre facilities, extended research and development and support resources as well as an opportunity to expand into 22 European countries."


Follow Us

Join the newsletter!

Or

Sign up to gain exclusive access to email subscriptions, event invitations, competitions, giveaways, and much more.

Membership is free, and your security and privacy remain protected. View our privacy policy before signing up.

Error: Please check your email address.

Featured

Slideshows

Meet the leading female front runners of the Kiwi channel

Meet the leading female front runners of the Kiwi channel

Reseller News honoured the leading female front runners of the New Zealand channel at the 2018 Women in ICT Awards (WIICTA) in Auckland. The awards honoured standout individuals across seven categories, spanning Entrepreneur; Innovation; Rising Star; Shining Star; Community; Technical and Achievement.

Meet the leading female front runners of the Kiwi channel
Meet the top performing customer-centric Microsoft channel partners

Meet the top performing customer-centric Microsoft channel partners

Microsoft honoured leading partners across the channel following a year of customer innovation and market growth in New Zealand. The 2018 Microsoft Partner Awards recognised excellence within the context of the end-user, spanning a host of emerging and established providers.

Meet the top performing customer-centric Microsoft channel partners
Reseller News launches new-look Awards at 2018 Judges’ Lunch

Reseller News launches new-look Awards at 2018 Judges’ Lunch

Introducing the Reseller News Innovation Awards, launched to the channel at the 2018 Judges’ Lunch in Auckland. With more than 70 judges now part of the voting panel, the new-look awards will reflect the changing dynamics of the channel, recognising excellence across customer value and innovation - spanning start-ups, partners, distributors and vendors.

Reseller News launches new-look Awards at 2018 Judges’ Lunch
Show Comments