Annodata has boosted its hosting capabilities and furthered its move into the cloud with the acquisition of IT infrastructure provider Keltec which has annual revenues in the region of £15m. The deal sees Annodata become a £78m-plus business with 380 employees.
The acquisition is the first expansion move by the company following its appointment of Martin St Quinton as Chairman, who has led a number of successful enterprises in the technology sector.
The trading entities will be maintained and will become wholly owned by Annodata.
Annodata's MD Andrew Harman stated: "The acquisition is the first example of our new growth plans in the UK. The mass adoption across all industries of IT-as-a-service is leading to wholesale transformation in the technology sector and Annodata has always moved in step with its customers.
"We see cloud computing as a key opportunity for us to expand beyond our traditional business boundaries. Keltec will complement our existing service portfolio, which includes unified communications, managed print and document services, cloud and mobile device management.
"Over the coming months we intend to integrate the company in full and Keltec's staff will play a pivotal role in this process. Their skills and experience will be invaluable as we continue to grow the business."
Bracknell-based Keltec was founded in 1998 and provides end-to-end IT solutions to customers of all sizes nationwide. The company holds a range of industry accreditations, including HP Gold Partner, VMware Enterprise Solution Provider and Veeam Gold Pro Partner status, and stands as one of HP's top 30 partners in the UK.