Original article ISPreview UK:Read More
Solihull-based UK business connectivity provider Convergence Group has announced the acquisition of the M247 Group‘s UK focused connectivity (broadband, Ethernet etc.) and IT services operations, which apparently includes its related infrastructure and personnel, for an undisclosed sum.
The divestment deal only impacts M247’s UK services, with its international operations remaining unaffected. M247 confirmed that its main focus would now be on its international, multi-jurisdictional, enterprise customers (credits to Comms Business).
Darryl Edwards, CEO of M247 Group, said: “This divestment is a pivotal step in aligning our business with our international growth strategy. By selling our UK-only connectivity and IT services operations to Convergence Group, we can sharpen our focus on delivering greater value to global enterprises. This move enables us to accelerate our expansion into high-growth technology sectors, including IoT and AI inference services.”