Interoute Buys Pi.se
LONDON -- Interoute, owner of Europe’s most advanced next-generation voice and data network has more than doubled its business in Sweden with the acquisition of Swedish Internet communications and services specialist pi.se. This move adds hundreds of new customers to Interoute’s business and increases the number of employees in Sweden to 40. pi.se was founded in 1994 and has 27 employees and hundreds of business clients including Volvo, BMW Group Sverige, Expressen, SBAB, Svenska McDonalds and Vasakronan.
Gareth Williams Interoute’s CEO said “We have been searching for a company that could strengthen our offering in Managed Services, which is a rapidly growing part of Interoute’s business in Europe today. We have previously been able to handle the management of Scandinavian business systems and services through other sites in Europe but with our increased presence and specialist competency we will be able to intensify our work within this area”
Interoute also gain the pi.se data centre in Stockholm. This will be integrated into Interoute’s pan-European next generation network, along with Interoute’s existing data centres in Amsterdam, Berlin, Geneva, Madrid, Munich, Paris, London.
Managed Services is an expression which refers to the outsourcing of parts of a company’s business to a separate organisation, which through the economies of scale and specialist competencies can manage the work more efficiently and cost effectively. Managed Services can involve outsourcing servers, telephone switches and security solutions, but also includes managing applications such as ERP and accounting as well as data storage and backup/restore solutions.
Interoute Communications Ltd.