Getronics has completed its acquisition of Colt’s managed cloud business this week and subsequently launched Managed Cloud Services. The terms of the deal were not disclosed. 

Getronics will provide Managed Cloud Services to Colt’s customer base of 600 managed cloud customers across 11 countries and will leverage Colt’s network, voice and data center capabilities. Colt has data centers in 12 different European locations. The company has been named by Gartner as a leader in the European Gartner Magic Quadrant for Cloud-enabled Managed Hosting for the past three consecutive years.

Colt’s managed cloud services, along with Getronics existing cloud business, form a new portfolio of cloud services, offering customers Workspace as a Service capabilities delivered in a hybrid, private or public cloud. 

“This latest deal is a significant one for Getronics because it reconfirms our continued strategy of growth as well as significantly increases our critical mass in the European cloud market, both in terms of additional customers and capabilities,” Mark Cook, Group CEO at Getronics said in a statement. “We welcome our new customers and employees to the Getronics family and are excited to provide a great platform for our mutual continued growth.”

The Getronics family consists of the Getronics and Connectis brands and is owned by the AURELIUS Group, a holding company headquartered in Munich, Germany. Getronics offers workspace, applications, Unified Communications, data center, cloud, consulting, managed services and security to the enterprise and public sector markets. 

“This is the 6th add-on acquisition to the Getronics family since it was acquired by Aurelius in 2012,” Matthias Täubl, Vice President at AURELIUS said. “It represents the latest step in our sustainable investment in the group, to complement their organic growth.  We are delighted with the progress of the group in realising its digital transformation strategy, on the way to becoming the leading independent ICT Managed Services provider in today’s IT services market.”