Woodridge, IL, USA — Great White Shark Opening Mouth — Image by © Denis Scott/Corbis
Digital transformation outfit FourNet has acquired global network MSP, 01T.
FourNet said the acquisition gives its critical infrastructure customers end-to-end, fully resilient network connectivity. This includes the Prime Minister’s Office, ambulance services, and large enterprises.
It also removes the need for FourNet to use third-party network aggregators.
For those not in the know, 01T specialises in designing, building and managing high-speed global networks. It delivers connectivity and wide area network (WAN) services to organisations that rely on resilient networks.
Its customers include sports media and broadcast, online gaming and gambling, financial services and market analytics firms.
FourNet CEO Richard Pennington said: “Integrating 01T’s core networking into FourNet’s cloud and ‘secure infrastructure’ platforms is exciting. We are delighted to welcome the 01T team.
“Its skills, expertise and customer focus will fit at FourNet. This latest strategic acquisition builds on our growing network infrastructure offering. It allows FourNet to provide an enhanced end-to-end service for customers needing resilient, reliable global networks.
Pennington said: “We are considering further strategic acquisitions to ensure that FourNet is equipped for the future and so that we can deliver the best service possible to our customers.
“With 01T, we have added the network underlay, which means less reliance on 3rd parties. We are considering strategic acquisitions which further bolster our business in the new year.”
01T MD Alex Lower said: “There’s great synergy between our companies, so joining forces feels very natural. We have been on a similar journey to Fournet, which is why this is the right time to become one company.”
FourNet has over 200 employees, with offices in Manchester, London and Derby.
01T is its fourth acquisition in three years – earlier this year, it acquired cybersecurity, network infrastructure and collaboration partner Nowcomm.
