Interoute CTO Matthew Finnie talked at the recent European Software and Services Summit/ ISV Convention on how SaaS and managed network technologies have changed in 12 months.
London-based Interoute is looking to build out its datacentre network and portfolio of cloud services, having secured private equity backing from two new investors.
Gareth Williams, chief executive of data network and corporate cloud services provider Interoute tells CNBC where the company is heading. Play>
Aleph Capital Partners and Crestview Partners have purchased a 30 per cent share in the business Interoute plans to use recent investment to help boost its presence and offerings for UK businesses.
European data centre operator Interoute announced that Aleph Capital Partners and Crestview Partners have agreed to buy a 30 percent stake in the company from Emirates International Telecommunications. Interoute said it expects that the backing of the new investors will enable the company to make more acquisitions and build its business in the UK, US and across Europe. The acquisition is expected to close by the end of April. No financial details were disclosed. Interoute operates over 67,000 km of lit fibre, 12 data centres and 31 collocation centres, with connections to 195 additional third-party data centres.