Telstra buys Kloud to boost enterprise cloud

25 Jan 2016

Australian incumbent Telstra is boosting its enterprise cloud capabilities with the acquisition of Kloud.

Telstra announced Thursday that it has entered into an agreement to acquire Kloud, an Australia-based managed services provider which helps enterprises move workloads and applications to the cloud.

Telstra did not disclose the financial value of the deal, which is expected to complete at the end of February.

According to Telstra, Kloud has been a longstanding partner of the telco for many years. In addition to Australia, Kloud also operates elsewhere in the Asia Pacific region, predominantly in Singapore. The firm has 150 employees across Melbourne, Sydney, Adelaide and Manila with around 80 customers, including businesses and government agencies, such as Queensland Government, Coles and Deakin University.

Telstra executive director global enterprise and services Michelle Bendschneider said the acquisition will support Telstra’s objectives and enhance its consulting capabilities through expanding its professional and managed services.

"Kloud's expertise can make it even easier for our customers to transition their workloads and applications to the cloud," said Bendschneider. “Kloud will enhance Telstra’s consulting-led capabilities by expanding our professional and managed services, complementing recent acquisitions such as NSC, O2 Networks and Bridgepoint.”

The acquisition also signals further growth and expanded capabilities for Telstra’s Network Applications and Services portfolio, which provides enterprise and business customers with managed network and security services, as well as cloud and communications solutions, the company added.

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