Dimension Data on Monday announced it has acquired the cloud video managed services business Teliris.
The deal gives Dimension Data a much-wanted boost in the managed video space, and continues its growth-fueled acquisition spree over the last several months. In April, Dimension Data bought out California-based Nexus to boost its footprint in the West, Southwest and Southeast regions of the U.S.
Prior to that, the company snapped up NextiraOne, an ICT provider with a European footprint spanning from Ireland to Slovakia.
With Teliris, Dimension Data is looking specifically at its ability to scale in the cloud and at increasing its capabilities with managed video. Steve Nola, CEO of Dimension Data's ITaaS business unit, said in a statement:
The acquisition of Teliris is an investment in skills and expertise, and gives Dimension Data expanded scale to support the growth in our Managed Services for Visual Communications business. Teliris' cloud capabilities complement Dimension Data's existing portfolio of both cloud services and managed services offerings.
Teliris has existing offices in New York, Connecticut and London, giving Dimension Data some extra oomph in bringing its services to market. Teliris is expected to operate its own brand for the foreseeable future. Financial details were not disclosed.