Morse and 2 have finally announced that they have reached a £70 million agreement for Morse to be acquired. After weeks of channel speculation and rumours, the pair made a London Stock Exchange announcement this morning. The Morse Board have unanimously recommended the deal to its shareholders, which values the company at a little less than £70 million. According to the statement, 2 views the acquisition as an "important strategic opportunity to create an experienced UK and European IT services provider".
The enlarged Group will provide both sets of customers with a broader range of services and solutions, including managed services, hosting, unified communications, data management, security, business application solutions and cloud computing, the statement said.
Get the latest Datacentre industry news
Subscribe now to receive your daily news email with insights, worldwide headlines & much more, and it's FREE.
Sign-up today and receive a free detailed overview of the acclaimed "Western Europe Data Centre Market" Report plus unique 25% discount off the full price.