Anchor completes key acquisition

Fintech player Anchor Computer Systems has completed the acquisition of MSP VTG Cloud in a seven figure deal.

The acquisition includes the assets and contracts related to the managed services side of VTG Cloud which will continue to operate the other aspects of its business.

Anchor CEO Mike O’Sullivan, who led a management buyout of the company in 2004, said: “VTG provided the managed services for our SaaS related business for over eight years. When the opportunity came up to acquire that side of the business it was a natural fit for us and our future strategy.

“We will be able to offer new services to existing clients around systems and infrastructure – services such as Infrastructure as a Service, Disaster Recovery as a Service and Backup as a Service. The potential of the new operation is huge."

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