GTT’s $2.3 Billion Interoute Buy to Boost SD-WAN, Channel Program
… approximately 30 percent of Interoute’s U.K. revenue, and that country is where the majority of the company’s partners are located.
Today we announced a definitive purchase agreement to acquire Interoute, operator of one of Europe’s largest independent fiber networks and cloud networking platforms. Read more: https://t.co/ZVbwQzZxjT pic.twitter.com/V3EdxReSxi
— GTT (@GTTCOMM) February 26, 2018
GTT, which bolstered its partner program in December and speaks highly of the channel, will announce further details on the integration at the upcoming Channel Partners Conference & Expo. Nomellini says the companies are familiarizing themselves with each other’s go-to-market strategies, but she says her company’s channel program will be enhanced as a result of the acquisition.
She says GTT wants to headline its SD-WAN product as it increases its channel influence, and the Interoute acquisition is a start.
“This story enhances SD-WAN capability, it enhances network connectivity that we can offer to partners and it also means that we’ll have a lot more resources from client support and an operation perspective from around the world to complement the channel,” Nomellini said.
Interoute started in 2003 and has a 72,000 kilometer fiber network in Europe. GTT Communications was founded in 1998.
“This is an exciting next chapter for Interoute, GTT, our customers and our team,” Interoute CEO Gareth Williams said. “The combined assets and strengths of our two companies create a powerful portfolio of high-capacity, low-latency connectivity, and innovative cloud and edge infrastructure services to support our customers in the global digital economy.”
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