Claranet buys UK cloud-computing firm Star for £55m
European managed service provider Claranet has acquired UK cloud-computing firm Star as it looks to expand its core businesses. The £55m purchase of STH Limited, and its subsidiary Star, will result in Claranet being able to offer a wider product portfolio that ranges "from the datacentre to the desktop", according to the company.
"From a market and customer perspective, this is a great opportunity to bring together experience and resources to deliver a broader service portfolio," Charles Nasser, chief executive of the Claranet Group, said in a statement on Friday. "This announcement confirms our ambition to become the clear European leader in the delivery of managed services," he added…

