This article was published on February 20, 2012

Flush with fresh funding, ICT services provider Six Degrees Group acquires Ultraspeed


Flush with fresh funding, ICT services provider Six Degrees Group acquires Ultraspeed

After raising £60 million in funding last year and securing a further £25 million through a credit facility earlier this month, data services provider Six Degrees Group this morning announced its sixth acquisition.

The company has purchased Ultraspeed, a London-based managed hosting and cloud services provider.

With the acquisition of Ultraspeed, which has been around since 1998, Six Degrees gains a number of high-profile enterprise customers, including Nando’s, British Heart Foundation, John Brown Media Group and Bon Voyage Travel & Tours.

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Six Degrees was founded by British entrepreneur Alastair Mills, who sold his latest venture SpiriTel to communications giant Daisy for £37 million.

Serving UK businesses, Six Degrees offers a wide range of services, including datacenter, connectivity, voice and cloud solutions.

Ultraspeed will be integrated into Six Degrees Group’s managed data division. All seven staff from the company have joined Six Degrees Group, which now employs roughly 100 people.

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