Having acquired two US firms since its majority buyout by Blackstone Equity in February 2017, this London-based cloud migration specialist now has its sights set on leaping into Asia. A poster boy of the AWS channel, Cloudreach saw revenues power up 43 per cent to £65.9m in its year to 31 July 2017. Net losses widened from £1.1m to £7.1m, which it said reflected its investment in future growth. During the year it withdrew from the Salesforce market.
Avaya introduces initiatives around WhatsApp and social media to partners
Acquisition opportunities in existing and new markets will be examined in order to hit new growth thresholds
Activist investors had threatened to derail the deal, but Dell is set to go public again on 28 December
But weakness in mobile business pushes it to £440m first-half loss