Telefónica Tech's UK cloud and cybersecurity division has been significantly boosted with the €398m acquisition of Cancom UK&I.
The deal adds €155m revenues and 600 heads with capabilities in professional and managed services in IT, cybersecurity and multi-cloud solutions.
Cancom UK&I is a certified Microsoft Gold Partner for nine competencies, including Azure Expert MSP, CSP Direct, LSP, Surface Silver Partner and FastTrack – and it has other relevant partnerships with key technology vendors.
José Cerdán, CEO of Telefónica Tech, said: “Having the Cancom UK&I team join Telefonica Tech will strengthen our cloud and cybersecurity capabilities in the UK and Ireland, with a strong focus on professional and managed services."