Digital transformation services specialist FourNet has acquired global network provider 01T.
This latest acquisition provides FourNet’s critical infrastructure customers, which include the UK Prime Minister’s Office, ambulance services and large enterprises, with end-to-end, fully resilient network connectivity, eliminating the need for third party network aggregators.
01T specialises in designing, building and managing high speed global networks and delivering connectivity and wide area network services for organisations with critical reliance on high performing networks.
The company’s customers include sports media and broadcast, online gaming and gambling, financial services, and market analytics firms. 01T has connected businesses across the world, from London to Hong Kong.
Richard Pennington, co-founder and CEO of FourNet, said: “Integrating 01T’s core networking into our cloud and ‘secure infrastructure’ platforms is an exciting prospect, and we are delighted to welcome the 01T team. Their skills, dedication, expertise and focus on customers will fit in extremely well at FourNet.
“This, our latest strategic acquisition, builds on our growing network infrastructure offering and allows FourNet to provide an enhanced end-to-end service for our critical infrastructure and large enterprise customers who have resilient, reliable, global reach network requirements."
01T was founded in 2009 and grew into a managed service business. After a period of further sustained growth, in 2020, it switched its focus to international network connectivity, which is now its main source of revenue.
The firm is headquartered in Brighton, East Sussex, UK. FourNet currently has more than 200 employees, with offices in Manchester, London and Derby.
The purchase of 01T is the fourth acquisition by FourNet in the last three years. Earlier this year, the business acquired cyber security, network infrastructure and collaboration specialist Nowcomm, one of only two Cisco Gold, Master Security and Master Collaboration accredited partners in the UK.
Last year, FourNet acquired infrastructure and security firm C>Ways, and in 2021 brought ComputerTel into the FourNet family.
