Telstra Corporation Ltd.OTCPK - Current
Thu, Jan. 21, 11:44 AM
- Telstra (OTCPK:TLSYY +3.2%) is acquiring Kloud, a service provider targeting enterprises looking to move to cloud computing.
- No terms were disclosed, though Telstra expects the deal to be done toward the end of February. Kloud features 150 employees located across Australia and in Manila and will add to Telstra's Network Applications and Services portfolio.
- Kloud has worked predominantly in Singapore but assists corporate and government customers across the Asia-Pacific region.
- Previously: Australian telecoms braced for New Year's traffic onslaught (Dec. 31 2015)
Jun. 30, 2015, 11:45 AM
- Telstra (OTCPK:TLSYY) -- through its 2014 acquisition, video platform unit Ooyala -- is buying U.K. firm Nativ to boost cloud-based distribution.
- It's the second Ooyala deal in the past nine months, after the fall acquisition of ad-tech provider Videoplaza.
- It'll help speed a plan to create a personalized TV and video platform company addressing the production side.
- Telstra bought Ooyala last August for $270M.
Jan. 2, 2015, 6:56 AM
- Telstra (OTCPK:TLSYY) has acquired IdeaObject, an Indian startup that builds cloud products for hospitals.
- IdeaObject and Cloud9, another healthcare software company that Telstra purchased in December, will be integrated into Telstra Health.
- The acquisition comes as the company seeks new sources of growth with a huge cash pile that it got after selling its fixed-line infrastructure to the Australian government.
Dec. 23, 2014, 7:03 AM
- Under pressure to find new sources of growth, Telstra (OTCPK:TLSYY) has reignited its Asian expansion drive with a $697M purchase of Pacnet, Asia’s biggest operator of subsea cables.
- Pacnet owns cables with a combined length of 46K kilometers and has 29 data centers in 17 cities in the Asia Pacific region including in China.
Jul. 12, 2012, 3:07 AMVodafone (VOD) buys Telstra's struggling New Zealand operations for NZ$840M ($670M). The unit serves only 16% of New Zealand's broadband market, but with Vodafone's backing it will now be able to compete much more aggressively with dominant player Telecom New Zealand (NZT). | Jul. 12, 2012, 3:07 AM | 8 Comments