Advanced Computer Software Group plc (Advanced), a says it is acquiring London-based managed services provider, Fabric Technologies Limited (Fabric), for a total cash consideration of £4.6m. Fabric, which provides managed services and unified communication solutions to approximately 160 UK mid-market customers in banking and other professional services sectors, will be integrated over the coming months into the group’s managed services division based in City Road, London.
The acquisition of Fabric strengthens Advanced 365’s managed services portfolio and provides a new unified communications offering to Advanced’s customer base. Unified communications brings together desktop phones, mobile phones, email, voicemail, SMS text messaging and instant messaging, ensuring that the person being contacted knows that someone is trying to reach them, regardless of communications channel and location.
The integration of Fabric into the Advanced 365 division also creates one of the UK’s biggest Microsoft partners.