Theale: Teneo acquires another US company as it boosts American operation
Teneo, a specialist integrator of next-generation technologies, based at Theale, has acquired Management Communication Services (MCS), a provider of systems management solutions. This is Teneo’s third major US acquisition within the past 18 months, increasing the company’s size by 50% and nearly doubling its headcount in the US.
The purchase strengthens Teneo’s ability to give global-scale enterprises visibility of performance issues and traffic bottlenecks affecting business applications that they are running on their networks. These capabilities, delivered by Teneo as managed services, help organisations whether they have on-premise or cloud IT, or operate a hybrid of both.
The deal will enable Teneo to realise the growing market opportunity in networking as its customers try to do ‘more with less’ through their IT.
In addition, the purchase of MCS will enable Teneo to improve its technical support for global clients as well as providing full US geographical coverage.
Piers Carey, CEO of Teneo, commented: “Teneo has created a new market category of ‘Specialist Integrator’ and with the acquisition of MCS, we’re set to see a very powerful combination of award-winning, specialist technology capabilities with serious focus on customer success. This brings us an incredible opportunity to accelerate our Next-Generation Technologies-based service model and exceed our customer satisfaction and profitability targets.”