Computacenter has completed the acquisition of Thesaurus Computer Services for £900,000, bolstering its IBM z series business.
The deal, exclusively revealed by MicroScope this morning, will see staff and management, as well as the customer list including Toyota and Birmingham City University transfer to Computacenter.
"This acquisition will strengthen Computacenter's position in the mainframe service solutions market, through bringing in a mix of both existing and new customers to our solutions sales capability," stated the firm in a City filing.
"The consideration payable in cash amounts to £900,000," it added.
Last month, Computacenter sold its distribution business CCD and revealed plans to become more acquisitive; only yesterday it coughed up €2m for becom Informationssysteme.
According to sources, Thesaurus struggled to pay suppliers on time as the project work dried up and the directors had decided to call in the administrators.