Six Degrees snaps up Ultraspeed

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Six Degrees snaps up Ultraspeed

Simon Quicke
Mid-market data service provider Six Degrees has been quick to start delivering on its buy-and-build acquisition drive just months after outlining its intentions to grow.

Last November the firm hired former Vodafone board director Peter Bamford as non-executive chairman to use his expertise in expanding the company and just three months later it has snapped up Ultraspeed.

Ultraspeed, a London-based managed hosting and managed cloud provider, will be integrated into Six Degrees Group's managed data division.

Alastair Mills, CEO of Six Degrees Group, said that the deal should not have come as too much of a surprise given its strategy for this year.

"Our 2012 strategy is very clearly focused on expanding our managed hosting and cloud capabilities and this acquisition marks a significant move in that direction. Ultraspeed brings advanced technologies to the Group and a talented team of people with superb hosting know-how," he said.

"With more investments in hosting and cloud to follow, I am confident that we are well-positioned to be the fastest growing and most admired managed data services company in the UK mid-market," he added.

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