C4L Group Holdings Announces Successful Acquisition Of Cloudspec Ltd
The acquisition has enabled CloudSpec inside access to C4L’s coreTX network.
C4L Group Holdings has announced it has acquired CloudSpec Ltd, the cloud solutions specialists, as part of an aggressive growth strategy in line with an up rise in the cloud market. The news follows the completed deployment of C4L’s new MPLS network, coreTX, set to be a game-changer within the technology industry due to its 100 Gbps connectivity capabilities and impressive DC footprint in the UK, which will significantly benefit CloudSpec’s offering.
The acquisition has enabled CloudSpec inside access to C4L’s coreTX network, meaning a costly part of the business can now be removed and efficiency will significantly improve with positive revenue forecast generated. In turn, C4L now has a new service offering; highly scalable cloud backup, archive and storage. This expansion of C4L’s portfolio further reinforces C4L’s recent announcements of official partnerships with some of the largest colocation and cloud providers in the UK.