Australia’s Telstra buys hybrid cloud and security specialist VMtech

Telstra, Australia’s biggest telco, has announced the acquisition of Sydney-based hybrid cloud, connectivity and security solutions provider VMtech.

Although no financial details have released, Telstra said the move aligned with its strategy to accelerate the growth of its network applications and services business in Australia and internationally.

Christopher Smith, Telstra’s Executive Director of Business Technology Services, said VMtech’s end-to-end approach to designing and managing secure hybrid cloud solutions complements the existing suite of technology consulting services Telstra offers across public cloud, networks, security and applications.

He commented: “There is no one-size-fits-all solution for organisations looking to digitise their business so a consulting-led approach is critical to delivering tailored solutions that best fit their needs.

“We have one of Australia’s largest teams of ICT services professionals who manage projects from single domain integrations to complex transformation projects across multiple technologies, industries and geographies.”

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VMtech boasts a portfolio of customers which includes Coca-Cola, Komatsu, ME Bank, Mission Australia and Sydney’s Inner West Council. It has also featured in the 2017 Financial Review Fast 100 list, Deloitte Technology Fast 50 (2016) and BRW Fast 100 (2016)

VMtech Co-Founder and CEO Len Findlay said: “We have partnered with Telstra since 2013 to deliver our innovative solutions to customers in New South Wales and Victoria. Our values and commitment to delivering best-fit customer solutions are strongly aligned.

“We’re excited to be joining Telstra and helping to take our secure hybrid cloud capabilities, combined with Telstra’s leading network and security services, to a broader market – both domestic and international.”

VMtech, established in 2009, employs around 75 staff, and joins the likes of Kloud, Readify and MSC Mobility in being acquired by Telstra.