Dimension Data announces acquisition of Teliris
As cloud computing companies strive to be increasingly competitive in the market, mergers and acquisitions in this industry are a frequent occurrence.
Recently, it was announced that Dimension Data is acquiring cloud video business Teliris. Teliris allows companies to access telepresence services that are based in the cloud, and this capability is of interest to Dimension Data as the company looks to expand its ability to offer videoconferencing as a service. Teliris is based in the UK but also has offices in Connecticut and New York.
With this acquisition strategy, Dimension Data looks to continue to grow and expand its market presence. By acquiring Teliris, the company is looking to especially expand its managed video business and capabilities.
"The acquisition of Teliris is an investment in skills and expertise, and gives Dimension Data expanded scale to support the growth in our Managed Services for Visual Communications business. Teliris' cloud capabilities complement Dimension Data's existing portfolio of both cloud services and managed services offerings," said Dimension Data CEO of ITaaS Business Unit Steve Nola in a press release.
As the release details, Dimension Data is "the world's largest video integrator by revenue and endpoints," in addition to having the world's most comprehensive video-as-a-service and private cloud offerings. By acquiring Teliris, the company looks to strengthen this position even further.
As CRN notes, this is the second acquisition for Dimension Data since the end of April, when the company acquired Nexus. Nexus, based in California, is an enterprise IT services provider, and through this acquisition, Dimension Data significantly increased its U.S. presence by making a 40 percent expansion of its operations, according to ZDNet.
Each of these recent acquisitions were for undisclosed sums. In February, Dimension Data also acquired NextiraOne.