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Cloud solutions provider FluidOne has acquired SAS Global Communications, a provider of SD-WAN-enabled global hybrid networks, to help enhance its service offering to mid-market and enterprise customers.
SAS claims it deploys and manages SD-WAN networks in over 65 countries, serving over 150 customers with over 1,000 employees.
“I have known Colin Mattey, the Chairman of SAS, for a number of years and knew of the quality of the business, particularly in multi-national SD-WAN deployments and their unique network monitoring and management portal developed in-house,” said FluidOne CEO, Russell Horton.”With their strength in serving larger mid-market and enterprise customers and complementary services, the FluidOne Board and I saw a great fit to our connected cloud solutions strategy, broadening the offering to our combined customers,” Horton added.
The acquisition of SAS builds on the acquisition of PSU Business Technology Limited (PSU) in October 2020, which included skills in IT Managed Services and Unified Communications, and the investment in Cyber Security Associates Ltd (CSA) in November 2020, a cyber security consultancy and managed services firm.
According to FluidOne, the acquisition has created a £60m revenue group with 240 staff serving 1,300 customers and resellers.
“Our teams are already working on joint bids, including offering cyber security services from CSA to complement our hybrid-network solutions,” added Collin Mattey, chairman of SAS Global Communication. “The SAS management team have been working on joint strategy planning with the FluidOne team and we can see that there is a great fit for the future of SAS customers and staff.”
The terms of the deal were not disclosed between both parties.