Enterprise Cloud Consolidation In Europe: Claranet Buys Star (MessageLabs? Founders? Other Startup) For $88M

Some consolidation is afoot in the world of enterprise cloud services in Europe: Claranet, a managed service provider, is paying $88 million (?55 million) to acquire Star, a provider of cloud-based managed technology services. The move is a sign of how, while enterprise cloud services continue to grow in popularity, there is an increasing move to better service margins through scale and value-added services. Claranet says the deal will make it the largest provider of integrated hosting and network services to the mid market in the UK and continental Europe, with some 4,500 customers on its books.

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