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

Leading female front runners of the Kiwi ICT industry honoured at 2019 WIICTA

Leading female front runners of the Kiwi ICT industry honoured at 2019 WIICTA

Reseller News has honoured the leading female front runners of the New Zealand ICT industry at the 2019 Women in ICT Awards (WIICTA) in Auckland. The awards recognised standout individuals across six categories, spanning Entrepreneur, Rising Star, Shining Star, Community, Technical and Achievement. Photos by Gino Demeer.

Leading female front runners of the Kiwi ICT industry honoured at 2019 WIICTA
Reseller News kicks off awards season in 2019 with Judges' Lunch

Reseller News kicks off awards season in 2019 with Judges' Lunch

The 2019 Reseller News Innovation Awards has kicked off with the Judges Lunch in Auckland with 70 judges in the voting panel. The awards will reflect the changing dynamics of the channel, recognising excellence across customer value and innovation - spanning start-ups, partners, distributors and vendors. Photos by Christine Wong.

Reseller News kicks off awards season in 2019 with Judges' Lunch
Reseller News welcomes industry figures for 2019 Hall of Fame lunch

Reseller News welcomes industry figures for 2019 Hall of Fame lunch

Reseller News welcomed 2018 inductees - Chris Simpson, Kendra Ross and Phill Patton - to the third running of the Reseller News Hall of Fame lunch, held at the French Cafe in Auckland. The inductees discussed the changing landscape of the technology industry in New Zealand, while outlining ways to attract a new breed of players to the ecosystem. Photos by Gino Demeer.

Reseller News welcomes industry figures for 2019 Hall of Fame lunch
Show Comments